Alleged Huione Group Money Laundering Boss Extradited to China

Li Xiong, 41, the former chairman of Huione Group and a core member of what Chinese authorities call the Chen Zhi criminal syndicate, was escorted off a China Southern Airlines flight in Beijing on April 1 – shaven-headed, handcuffed, flanked by officers from China’s Ministry of Public Security. The real story is what his extradition confirms: Beijing is systematically dismantling the leadership layer of …