China Executes Former Huarong Executive Bai Tianhui for $156 Million Bribery Scandal
China carried out the death sentence of Bai Tianhui, a former senior executive at China Huarong International Holdings Ltd., after he was found guilty of accepting bribes worth more than $156 million. The execution took place in Tianjin, marking the latest step in the country’s ongoing crackdown on high‑level corruption. Bai, who had served as a manager…