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Jul 21, 2024 · Confidential documents show that Xiao Jianhua, a corrupt investor tied to China’s political elite, backed the country’s most successful and revered entrepreneur.
Xiao Jianhua (Chinese: 肖建华, born 13 January 1972) is a Chinese-Canadian businessman and billionaire known for managing assets for the descendants of prominent Chinese leaders. He was taken from Hong Kong to mainland China in 2017. [1]
Jul 21, 2024 · Xiao Jianhua was languishing in detention on bribery and corruption charges — a larger-than-life target of a government crackdown on graft. Mr. Xiao had amassed a fortune manipulating markets and cultivating close ties to relatives of top Chinese officials, and he was about to be made an example.
Jul 21, 2024 · A bombshell investigation by The New York Times and The Wire China has uncovered that Jack Ma, China’s most successful entrepreneur, was joined in business deals by Xiao Jianhua, a notorious Chinese billionaire who made fortunes for Beijing’s elite and who is now serving a 13-year jail sentence.
Jul 21, 2024 · Mr. Xiao, a billionaire, is now in detention serving a 13-year-sentence for bribery and corruption, a high-profile target in President Xi Jinping’s dramatic consolidation of power.
Jul 21, 2024 · who is xiao jianhua? Xiao, who attended Peking University and was the head of the university’s student union during the Tiananmen Square protests, was known as the banker to China’s political elite, including the sister and brother-in-law of Chinese leader Xi Jinping.
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Aug 19, 2022 · A Chinese-Canadian billionaire has been sentenced to 13 years in prison in China and his company fined more than $8bn (£6.7bn). Xiao Jianhua and his company Tomorrow Holdings were charged with...
