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Another high-level PRC exec executed

August 8, 2009

Imagine if we did this in the US…

China executed the former chairman of a huge state-owned airport holding company on Friday, six months after he was convicted on bribery and embezzlement charges involving more than $14.6 million.

The executive, Li Peiying, had been the chairman and general manager of Capital Airports Holding Company, a conglomerate that runs 30 airports in 9 Chinese provinces, including Beijing’s much-acclaimed new international airport.

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