Chinese Court Issues Rare Death Sentence to Former Asset Manager for Corruption

Bai Tianhui convicted of accepting over $151 million in bribes, marking a significant move in China's anti-corruption campaign.

Bai Tianhui, ex-general manager of China Huarong International Holdings, found guilty of taking bribes worth more than 1.1 billion yuan.
The court ruled that Bai's crimes caused severe damage to the state and society, justifying the death penalty.
This is one of the few non-suspended death sentences in recent Chinese corruption cases.
Bai's sentencing follows the execution of former Huarong chairman Lai Xiaomin in 2021 for similar offenses.
China's anti-corruption drive has intensified, with over 30 financial executives detained since January.