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Former Chinese financial executive executed after major bribery conviction
China has executed Bai Tianhui, the former general manager of China Huarong International Holdings Limited, after he was found guilty of accepting an exceptionally large amount of bribes, according to official announcements released on Tuesday.
The execution took place in Tianjin, following a final approval by the Supreme People’s Court (SPC). Bai had been sentenced to death in May 2024 by the No. 2 Intermediate People’s Court of Tianjin, which also ordered the confiscation of all his personal assets and the recovery of illicit funds transferred to the state.
Bai appealed the ruling, but the Higher People’s Court of Tianjin rejected his appeal in early 2025. Upon reviewing the case, the SPC confirmed that Bai had abused his positions between 2014 and 2018 to facilitate project acquisitions, corporate financing, and other business dealings in exchange for illicit payments.
Investigators determined that Bai received 1.108 billion yuan (approximately 157 million USD) in bribes, an amount the SPC described as “extremely large” and accompanied by “particularly severe circumstances.” The court concluded that the scale and impact of the corruption justified the upholding of the death sentence.
The SPC stated that Bai’s actions caused significant harm to public interests, undermined state institutions, and produced a highly negative social impact, leading to the final approval of the penalty.