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October 19, 2021

U.S. Voters

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China Sentences Ex-Finance Chief to Death on Corruption

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Jan.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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