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China: The jailed salesmanGeneral

www.ft.comSitting in cell eight at Beijing’s Number One Detention Centre on Christmas Eve, China’s richest man received some bad news. Government prosecutors claimed to have discovered new evidence that under Chinese law allowed them to restart the clock on an investigation that has already cost him more than 14 months of freedom. Huang Guangyu, founder of Gome, the country’s largest electronics retailer, has been held since late 2008 on suspicion of crimes including insider trading. His arrest came only weeks after Mr Huang was named the wealthiest individual in China by the authoritative Hurun Rich List.

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China: The jailed salesman
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