Word: zhengyi
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...evasion and sentenced to 18 years in prison. Gu Chujun, once head of a leading appliance company, was ranked China's 20th richest businessperson by Forbes in 2001. In January, he was convicted of falsifying corporate reports and sentenced to a 12-year prison term. And Zhou Zhengyi, a Shanghai-based real estate developer named China's 11th richest person by Forbes in 2002, was arrested the following year on corruption charges. He served three years in prison, and was then sentenced to an additional 16-year term for bribery and fraud. (See pictures of China on the wild side...
...newspaper after it ran an article criticizing China's congress. The department also forbade coverage of other sensitive topics, including Jiang Yanyong, the doctor who exposed the government's cover-up of the SARS epidemic; separatist movements in Tibet and Xinjiang; the financial scandal swirling around Shanghai tycoon Zhou Zhengyi, and avian flu, which has broken out twice in China in the past five years and can kill humans...
...Zhou Zhengyi 2002's 11th richest mainlander, according to Forbes magazine, Zhou was the first in Shanghai to own a Ferrari. He and wife Mao Yuping stand accused of loan and stock fraud and tax evasion...
Shanghai real estate developer Zhou Zhengyi last week became the latest casualty in what appears to be an ongoing government crackdown on the dubious business practices of China's richest and flashiest. Here's the body count...
...long parade of limousines and buses knifed through Peking's wintry smog just before 3 p.m. As police and soldiers kept away curious bystanders, sober-faced men and women emerged from the cars, strode through the gates of the public security compound at No. 1 Zhengyi (Justice) Road near Tian'anmen Square and entered a large, brightly lighted courtroom. After taking their seats, the 35 judges and 880 "representatives of the masses" looked on impassively as the ten defendants were led into the court by bailiffs to hear the charges against them...
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