Chinese rags-to-riches tycoon Xie Zhikun dies, aged 61

Source: China – South China Morning PostThe rags-to-riches Chinese tycoon Xie Zhikun, whose investment portfolio had triggered concerns about debt risk among the financial authorities, has died aged 61.A statement by Zhongzhi Enterprise Group (ZEG), which Xie founded, said the tycoon had died of a heart attack in Beijing on Saturday.“Xie Zhikun devoted all his life to founding the Zhongzhi Enterprise Group. He has been patriotic, loving the [Communist] Party, diligent and dedicated, and enthusiastic about charity and public welfare…Read More

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