China has executed a former senior banker after he was convicted of taking more than 1.1 billion yuan (about US$155 million) in bribes.
Bai Tianhui, a former top banker convicted of taking more than 1.1 billion yuan (about US $155–156 million) in bribes.
The ruling is reportedly one of the country’s most severe corruption cases in recent years and establishes the country’s stance on corruption.
Bai once served as general manager of China Huarong International Holdings, a key arm of the state-controlled asset manager China Huarong Asset Management.
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Between 2014 and 2018, prosecutors said he accepted huge sums in exchange for helping others secure favorable treatment in project acquisitions and corporate financing deals.
He was sentenced to death in May 2024 by the Tianjin No. 2 Intermediate People’s Court.
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Bai appealed, but the Tianjin High People’s Court rejected that challenge in February 2025, and China’s Supreme People’s Court approved the sentence.
According to the court, Bain’s crimes are “especially serious” with “particularly significant losses to the interests of the state and the people.”
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Before his execution on 9 December 2025, Bai was allowed to meet with family. The court had also deprived him of political rights for life and ordered all his assets confiscated.
Executions for corruption without a two-year reprieve are rare in China, making this one of the toughest punishments handed down in the government’s long-running anti-graft campaign.
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Bai’s case follows other high-profile corruption executions, including that of Lai Xiaomin, a former chairman of Huarong who was put to death in 2021 for accepting even larger bribes.
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