The China Mail - Trial of Chinese-Canadian tycoon who disappeared in 2017 begins in China

USD -
AED 3.67295
AFN 66.000158
ALL 80.078353
AMD 365.49161
ANG 1.789783
AOA 917.999758
ARS 1487.868579
AUD 1.40762
AWG 1.80125
AZN 1.701607
BAM 1.687708
BBD 2.014376
BDT 122.723527
BGN 1.696366
BHD 0.377183
BIF 2985.938828
BMD 1
BND 1.276594
BOB 11.616539
BRL 5.200604
BSD 1.000116
BTN 95.568471
BWP 13.464152
BYN 3.042114
BYR 19600
BZD 2.011537
CAD 1.386935
CDF 2272.999664
CHF 0.811402
CLF 0.023245
CLP 914.860039
CNY 6.743198
CNH 6.74323
COP 3135
CRC 449.232654
CUC 1
CUP 26.5
CVE 95.149133
CZK 20.90745
DJF 177.719876
DKK 6.457815
DOP 58.522779
DZD 132.982047
EGP 50.188903
ERN 15
ETB 161.792443
EUR 0.863803
FJD 2.20515
FKP 0.738997
GBP 0.738325
GEL 2.610153
GGP 0.738997
GHS 11.050104
GIP 0.738997
GMD 73.502706
GNF 8786.183033
GTQ 7.631506
GYD 209.245133
HKD 7.844804
HNL 26.811579
HRK 6.507302
HTG 130.869428
HUF 314.493025
IDR 17820
ILS 2.96627
IMP 0.738997
INR 95.70915
IQD 1310.247527
IRR 1374587.502912
ISK 122.820094
JEP 0.738997
JMD 158.441558
JOD 0.709018
JPY 159.509503
KES 129.395264
KGS 87.450165
KHR 4049.999674
KMF 427.000152
KPW 900.000294
KRW 1416.260073
KWD 0.30879
KYD 0.833495
KZT 461.024028
LAK 22561.730659
LBP 89553.398058
LKR 331.854856
LRD 181.531067
LSL 16.167198
LTL 2.95274
LVL 0.60489
LYD 6.354576
MAD 9.271605
MDL 17.217857
MGA 4307.663101
MKD 53.086425
MMK 2099.787271
MNT 3596.151184
MOP 8.081838
MRU 40.096648
MUR 46.930165
MVR 15.449759
MWK 1734.260665
MXN 17.040565
MYR 4.0608
MZN 63.910012
NAD 16.167198
NGN 1354.840158
NIO 36.803251
NOK 9.42168
NPR 152.908233
NZD 1.694785
OMR 0.384504
PAB 1.000116
PEN 3.366397
PGK 4.428471
PHP 61.693006
PKR 277.572939
PLN 3.7277
PYG 6023.997618
QAR 3.655991
RON 4.527203
RSD 101.403268
RUB 84.950393
RWF 1467.741866
SAR 3.746487
SBD 8.048583
SCR 13.802932
SDG 600.495264
SEK 9.517965
SGD 1.277905
SHP 0.740866
SLE 24.510149
SLL 20969.499227
SOS 571.593758
SRD 37.7845
STD 20697.981008
STN 21.141375
SVC 8.751667
SYP 13001.999906
SZL 16.170786
THB 33.059497
TJS 9.226322
TMT 3.51
TND 2.922601
TOP 2.40776
TRY 47.9013
TTD 6.777321
TWD 31.885504
TZS 2640.002999
UAH 44.739637
UGX 3720.88207
UYU 40.073693
UZS 11859.17073
VES 771.57685
VND 26205
VUV 117.328472
WST 2.734491
XAF 566.029123
XAG 0.015187
XAU 0.000227
XCD 2.70255
XCG 1.802555
XDR 0.707052
XOF 566.034007
XPF 102.911038
YER 237.19782
ZAR 16.24165
ZMK 9001.202416
ZMW 18.841712
ZWL 321.999592
  • CMSC

    -0.0500

    21.4

    -0.23%

  • RYCEF

    0.4600

    21.25

    +2.16%

  • RBGPF

    -3.5100

    68.65

    -5.11%

  • VOD

    -0.2400

    16.18

    -1.48%

  • AZN

    -0.0660

    156.384

    -0.04%

  • NGG

    0.1450

    81.195

    +0.18%

  • RIO

    1.3600

    97.04

    +1.4%

  • BTI

    -1.4350

    55.625

    -2.58%

  • GSK

    0.6450

    50.165

    +1.29%

  • BCE

    -0.0650

    23.405

    -0.28%

  • CMSD

    -0.0060

    21.2068

    -0.03%

  • RELX

    -0.7850

    33.645

    -2.33%

  • BCC

    -1.1700

    82.07

    -1.43%

  • JRI

    -0.1100

    12.5

    -0.88%

  • BP

    0.2600

    42.79

    +0.61%

Trial of Chinese-Canadian tycoon who disappeared in 2017 begins in China
Trial of Chinese-Canadian tycoon who disappeared in 2017 begins in China / Photo: © AFP

Trial of Chinese-Canadian tycoon who disappeared in 2017 begins in China

Canadian-Chinese tycoon Xiao Jianhua is standing trial on Monday, Ottawa's embassy in Beijing said in a statement, after the businessman disappeared from a Hong Kong hotel in 2017.

Text size:

"Global Affairs Canada is aware that a trial in the case of Canadian citizen, Mr. Xiao Jianhua, will take place on July 4, 2022," the embassy told AFP, without specifying the location of the trial or charges against him.

"Canadian consular officials are monitoring this case closely, providing consular services to his family and continue to press for consular access."

Xiao, who is a Canadian citizen, disappeared from Hong Kong's Four Seasons hotel in January 2017, with local media reporting that he was snatched by mainland Chinese agents.

One of China's richest people at the time of his alleged abduction, Xiao reportedly had close connections to the upper echelons of the ruling Communist Party.

Hong Kong police said at the time that he had crossed the border into mainland China. His company Tomorrow Group also later said that he was in the mainland.

But Chinese authorities have been silent about the case, which is reportedly linked to an anti-corruption drive championed by President Xi Jinping since he came into power.

Xiao's alleged abduction came at a time when mainland Chinese agents were not permitted to operate in Hong Kong, and it sparked fear in the city about residents being forcibly disappeared.

These fears were at the heart of massive pro-democracy protests that shook Hong Kong in 2019, prompted by a government bill that would have allowed extraditions to mainland China's opaque, Communist Party-controlled judicial system.

Xiao's disappearance also followed the alleged kidnapping into mainland custody of five people working for a bookstore which published salacious titles about China's leaders.

The booksellers later appeared on TV in mainland China admitting to a variety of crimes.

In response to the protests, China imposed a national security law on Hong Kong in 2020.

That law allowed its security agencies to operate in the city and toppled the legal firewall between mainland and Hong Kong courts.

- Rags to riches -

Xiao rose from a poor family to become one of China's richest men, founding the Beijing-based Tomorrow Group.

He was head of the official student union at the prestigious Peking University in 1989 when the Chinese government used troops and tanks to crush peaceful demonstrations.

Xiao had tried and failed to defuse the protests, with his company later denying a report in The New York Times that he had been rewarded by the government for his role.

After university, Xiao began selling computers and in the years that followed built an empire with diverse interests, including in banking and insurance.

According to the Hurun Report, which ranks China's wealthiest people, Xiao was worth almost $6 billion in 2017.

He had reportedly denied allegations that he fled to Hong Kong in 2014 to escape the corruption crackdown in China.

Xiao is said to have acted as a broker for the Chinese leadership, including for President Xi's family.

"After five years of quietly waiting, our family is still, based on my brother's strict instructions, putting faith in the Chinese government and Chinese law," Xiao's elder brother Xinhua told The Wall Street Journal last month.

"It's very complicated and full of drama," he said of the case, according to the WSJ.

Z.Ma--ThChM