China Arrests Venture Capitalist Wang After Public Order Charges

China formally arrested venture capitalist Wang Gongquan after he was detained last month on charges of assembling a crowd to disturb public order, his lawyer said today.

Wang was arrested yesterday, lawyer Chen Youxi said by phone, declining to give more details. Wang was being held in Beijing, Chen had said Sept. 18.

China is tightening controls over the Internet and free speech ahead of a November gathering of the Communist Party’s Central Committee. Liu Hu, a journalist who posted allegations of wrongdoing by government officials online, was arrested on a charge of defamation last month, his lawyer said.

Wang founded CDH Venture, the venture-capital unit of CDH Investments, in 2005, according to the parent company’s website. Prior to that he was a general partner at IDG Technology Venture Investment, and previously one of the founders of Vantone Industry Group. His public recognition surged in May 2011 when he used a Sina Weibo microblog to announce he was leaving his wife for his mistress.

Wang signed a letter in July calling for the release of rights activist Xu Zhiyong. The document also called for the lifting of restrictions on the Internet and other media, according to a translation by the Hong Kong-based China Media Project.

To contact Bloomberg News staff for this story: Henry Sanderson in Beijing at hsanderson@bloomberg.net

To contact the editor responsible for this story: Rosalind Mathieson at rmathieson3@bloomberg.net

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