Billionaire Xiao Jianhua Jailed For 13 Years in China
A Chinese-Canadian billionaire has been sentenced to 13 years in prison in China and it doesn’t end there as his company has been fined more than $8bn (£6.7bn). As reported by BBC, Xiao Jianhua and his company Tomorrow Holdings were charged with embezzlement and bribery, a court in Shanghai said. Xiao – one of China’s…