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Blackwater Mercenary Prince Has New $1 Trillion Chinese Boss

  • Erik Prince draws scrutiny over Frontier Services in Xinjiang
  • Beijing’s CITIC tightens grip on his young Hong Kong company
Erik Prince
Erik PrincePhotographer: Calvin Sit/Bloomberg
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Erik Prince, the former Navy Seal who founded Blackwater, hardly seems like the type who dwells on corporate niceties. He was, after all, America’s foremost mercenary executive.

But there he was in Beijing, bearing an unlikely gift for a man who might open China to a freelancer known for his band of private contractors. It was a copy of his Blackwater memoir, “Civilian Warriors.’’