China Executes Former Banking Executive Bai Tianhui for $156 Million Corruption Case

Dec 09, 2025 03:33 pm CST

China has executed Bai Tianhui, former general manager of China Huarong International Holdings, for accepting over $156 million in bribes between 2014-2018. This execution represents the latest high-profile casualty in President Xi Jinping's extensive anti-corruption campaign targeting China's financial sector, which has already claimed several banking executives including Huarong's former chairman.