January 6, 2021
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1:54Now PlayingJan.05 -- The former chairman of one of China’s biggest bad debt managers has been sentenced to death for taking bribes. Lai Xiaomin was convicted of receiving more than $270 million over a decade. The rare and tough sentence is seen as underscoring the Communist Party’s increasingly tough stance on corruption. Bloomberg’s Lucille Liu reports on “Bloomberg Markets: China Open.”
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