China Executes Former Financial Executive for Bribery Charges
Bangkok: Beijing: China’s state-run CCTV reported on Tuesday that it executed Bai Tianhui, the former general manager of China Huarong International Holdings, on charges of accepting bribes totaling 1.1 billion yuan (approximately US$156 million or about 5.46 billion baht). The company is a key offshore financial arm of China Huarong Asset Management, a troubled asset manager that has been renamed