More officials, business tycoons vanish in China

The disappearance and dismissal of officials and business executives in China under President Xi Jinping's regime have raised concerns about the Chinese government's inner workings. Chen Shaojie, the CEO of DouYu, and Zhao Bingxian, the chairman of Shandong Wohua Pharmaceutical, are the latest to vanish. The reasons behind these disappearances remain unclear, but they are part of a broader pattern that has led to a significant outflow of profits from China.

from Times of India https://ift.tt/qhJPIxg