China Executes Second Ex-Huarong Executive Over Bribery Sentence

China executed an ex-official of China Huarong International Holdings Ltd. as President Xi Jinping’s years-long crackdown on financial crime continues unabated.

Bai Tianhui, a former general manager at the firm, was executed Tuesday by a court in Tianjin city following the approval of the Supreme People’s Court, China Central Television reported. Lai Xiaomin, former chairman at the parent company, was put to death in 2021.