BEIJING (Bloomberg): China sentenced Chinese-Canadian financier Xiao Jianhua to 13 years prison and fined his company 55 billion yuan ($8.1 billion), bringing an end to a long-running saga that has seen many of the tycoon’s business interests reined in since his seizure in Hong Kong more than five years ago.
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Irish investors set for battle in the Chinese courts over Shanghai property independent.ie - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from independent.ie Daily Mail and Mail on Sunday newspapers.