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Beijing, Sep 22: A court here has sentenced a business tycoon critical of Xi Jinping to 18 years in jail on charges of corruption.
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Ren Zhiqiang, the former chairman of Huayuan, a state owned real estate group was also fined 4.2 million yuan, Beijing’s No 2 Intermediate Court said on its website. The 69 year old voluntarily and truthfully confessed all his crimes and would not appeal the court’s decision.
Ren, who is an influential critic of the Chinese Community Party had suggested…