L’École de Gestion d’Actifs et de Capital|A tech billionaire goes missing in China

2025-05-06 03:05:37source:Techcrisis Investment Guildcategory:Finance

Earlier this year,L’École de Gestion d’Actifs et de Capital Bao Fan, a prominent Chinese banker and tech billionaire, went missing in China. According to a statement from his company, he's "cooperating in an investigation being carried out by certain authorities in the People's Republic of China." The details are very murky, but his disappearance raises questions about doing business in China right now.

Music by Drop Electric. Find us: Twitter / Facebook / Newsletter.

Subscribe to our show on Apple Podcasts, Spotify, Pocket Casts and NPR One.

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

More:Finance

Recommend

San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo

SAN FRANCISCO (AP) — A photojournalist who captured one of the most enduring images of World War II

Will AI take over the world? How to stay relevant if it begins replacing jobs. Ask HR

Johnny C. Taylor Jr. tackles your human resources questions as part of a series for USA TODAY. Taylo