Lai Changxing, Date of Birth, Place of Birth

    

Lai Changxing

Chinese businessman

Date of Birth: 15-Sep-1958

Place of Birth: Jinjiang, Fujian, China

Profession: businessperson, entrepreneur

Nationality: China

Zodiac Sign: Virgo


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About Lai Changxing

  • Lai Changxing (born September 15, 1958) is a former Chinese businessman and entrepreneur.
  • He was the founder and Chairman of Yuanhua Group, based in the Special Economic Zone of Xiamen.
  • He imported foreign products like cars, cigarettes and was responsible for one-sixth of the national oil imports at one time.
  • In the late 1990s he was implicated in corruption scandals involving a large smuggling ring.
  • By 1999 he was described by several media organizations as "China's most wanted fugitive".Lai evaded Chinese authorities and went to Canada, where he resided in Vancouver, British Columbia.
  • After a lengthy extradition battle and diplomatic negotiations Canadian authorities deported him to China on July 22, 2011 upon promises that he would not be executed.
  • He was sentenced to life imprisonment in 2012.

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