Wed Dec 10 07:24:06 UTC 2025: News Article:

China Executes Former Financial Executive for $157 Million Bribery

Beijing – December 10, 2025 – Bai Tianhui, the former general manager of China Huarong International Holdings Limited, was executed by Chinese authorities on Tuesday after being convicted of accepting bribes totaling $157 million. The execution, carried out in Tianjin, follows the Supreme People’s Court’s (SPC) approval of the death sentence.

Bai was found guilty of abusing his position between 2014 and 2018 to facilitate project acquisitions and corporate financing in exchange for massive bribes. The SPC deemed his crimes “extremely serious” due to the large sum of money involved and the significant damage caused to the state and its people. His appeal was rejected in February 2025 and he had his political rights deprived for life and confiscation of personal property.

This execution is notable as death sentences are relatively rare in corruption cases, where officials often receive reprieves. The state-run Xinhua News Agency reported that Bai was allowed to meet with his family prior to the execution.

The execution underscores President Xi Jinping’s ongoing anti-corruption campaign, which has been a central focus of his administration since 2012. Over a million party officials have been punished or prosecuted as part of the campaign. President Xi has stated that the fight against corruption is “severe and complex” and that “no mercy” will be shown.

Summary of Text:

The article reports on the execution of Bai Tianhui, a former executive of a state-owned financial firm, for accepting $157 million in bribes. The execution highlights the severity of China’s anti-corruption campaign under President Xi Jinping. Bai’s death sentence was approved by the Supreme People’s Court and was carried out after his appeal was rejected. This case is significant because death penalties are uncommon in corruption cases in China. The article also mentions the broad scope of the anti-corruption campaign, which has targeted over a million officials.

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