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Reuters
Reuters
Business

Chinese-Canadian billionaire due to go on trial in China on Monday - embassy

Chinese-Canadian billionaire Xiao Jianhua, who went missing in Hong Kong five years ago, was due to go on trial in China on Monday, the Canadian embassy in Beijing said.

China-born Xiao, known to have links to China's Communist Party elite, has not been seen in public since 2017 after he was investigated amid a state-led conglomerate crackdown. The specifics of the probe haven't been disclosed by officials.

"Global Affairs Canada, our home office, is aware that a trial in the case of Canadian citizen Mr. Xiao Jianhua will take place today," a Canadian Embassy official told Reuters over the phone in a readout of a statement from Ottawa.

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