Business | China’s missing bosses
Detentions, public shaming and suicides intensify the country’s corporate gloom
| Shanghai |6 min read
Until recently Yu Faxin was best known as a leading scientist and entrepreneur, specialising in advanced semiconductors for military applications. But on September 22nd he made headlines for another reason. His company, Shanghai-listed Great Microwave Technology, disclosed that Mr Yu had been taken away by China’s anti-corruption agency. Mr Yu is in liuzhi, an extra-judicial form of detention in which increasing numbers of Chinese businessmen are being snared.
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This article appeared in the Business section of the print edition under the headline “China’s vanishing bosses ”
From the October 11th 2025 edition
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