Scores of Chinese billionaires and CEOs have disappeared in ‘state-sanctioned abductions’

DOZENS of China’s billionaires, millionaires and business executives have disappeared in “state-sanctioned abductions” — only to reappear days or weeks later without explanation — in the past 12 months.

In the latest incident, Chinese-born Canadian tycoon Xiao Jianhua was kidnapped from his luxury apartment in Hong Kong’s Four Seasons Hotel by mainland security agents on January 27.