Xiao Jianhua was one of China's richest men. Then he disappeared. Now, three years later, Beijing has dismantled his flagship Tomorrow Group.
Xiao Jianhua Credit: Chinese University of Hong Kong
Huaxia Life Insurance logo
Three and a half years ago, in the wee hours of the night, the billionaire financier Xiao Jianhua was led out of the Four Seasons Hotel in Hong Kong in a wheelchair, with a sheet draped over his head, and whisked across the border into China.
He has not been heard from since, and is believed to be detained by the Chinese government under a form of house arrest in Shanghai.
But in a dramatic move Friday, China seized control of his business empire, assets held
Exclusive longform investigative journalism, Q&As, news and analysis, and data on Chinese business elites and corporations. We publish China scoops you won't find anywhere else.
A weekly curated reading list on China from Andrew Peaple.
A daily roundup of China finance, business and economics headlines.
We offer discounts for groups, institutions and students. Go to our Subscriptions page for details.
Myanmar’s civil war poses one of China’s biggest foreign policy challenges. As the country devolves back into rebel fiefdoms, Beijing has fallen back on a unique brand of Realpolitik.
The former National Economic Council head talks about whether a deal with China is in the cards during Trump's second term, and being a free trader as the U.S. turns to protectionism.
Navigate China's Business Landscape with Confidence.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.OKPrivacy policy
