Xiao Jianhua, one of China's richest people, was sentenced by a Shanghai court on Friday (August 19) to 13 years in prison. The court also fined his Tomorrow Holdings company $8.

China sentences tycoon Xiao Jianhua to 13 years in jail, fines his company $8.1 billion

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China sentences tycoon Xiao Jianhua to 13 years in jail, fines his company $8.1 billion