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Businesswoman gets death for fundraisingA court in the city of Wenzhou on Wednesday sentenced a businesswoman to death for illegal fundraising activities. The case once again triggered discussion among the public over whether the death penalty should be applied to economic crimes. Eastday-5 missing after E China ship collisionWENZHOU, May 9 -- Five people went missing after two ships collided Thursday in east China's Zhejiang Province, the local maritime department said. A fishing ship sank after it collided with a commercial ship at noon in waters near the city of Wenzhou. Death sentence in Chinese underground bank caseBEIJING (AP) — A businesswoman in southern China has been sentenced to death on charges of defrauding investors as the government tightens controls on informal financing that is widely used by entrepreneurs. China sentences underground bank operator to deathBEIJING (AP) — A businesswoman in southern China has been sentenced to death on charges of defrauding investors as the government tightens controls on informal financing that is widely used by entrepreneurs. Exporters hit hard by rising yuanBeijing/Shanghai/Guangzhou (China Daily/ANN) - For Xia Guangyao, chairman of Wenzhou Jialunte Textile & Finery Co Ltd in Zhejiang province, 2013 has been the worst of the past five years for his business. Underground Lender Gets Death Sentence in ChinaLin Haiyan, a businesswoman, told investors the $100 million they gave her was going into stock offerings and bank deposits but she used it to speculate in stocks. Chinese court sentences entrepreneur to death in latest crackdown on underground bankingBEIJING, China - A businesswoman in southern China has been sentenced to death in the government's latest crackdown on underground lending that is widely used by entrepreneurs. The Intermediate People's Court of Wenzhou, a centre for private sector business, says Lin Haiyan was convicted of Loan Week, May 17-23A roundup of the latest syndicated loan market news. Woman gets death for 'illegal' fund-raising in ChinaBeijing, May 16 (IANS) A 39-year-old businesswoman has been sentenced to death by a court in China for "illegal fund-raising". China woman sentenced to death for investment scamThe city was hit by a debt crisis in 2011 when a number of private loans went bad. -AFP |
