China detains Canadian CEO of U.S.-listed company Fincera for suspected financial crime

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China detains Canadian CEO of U.S.-listed company Fincera for suspected financial crime GlobeBusiness

Police said they also detained Fincera’s legal representative Shen Hui and several other people. The company did not answer phone calls from Reuters seeking comment.Fincera, once the largest peer-to-peer lending platform in Hebei province by loans, was caught in a regulatory crackdown of the country’s P2P firms and forced to close, according to documents acquired by Reuters in August.

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concon929 globebusiness

globebusiness This is the CCP's usual means of hostage diplomacy.

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