CX Daily: The Rise and Fall of China’s ‘Fentanyl King’ in Corruption-Fueled Bankruptcy
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Bankruptcy /
Cover Story: The rise and fall of China’s ‘fentanyl king’ in corruption-fueled bankruptcy
In January, months before a court would approve the bankruptcy restructuring of his company, Ai Luming, 68, gathered his old friends and partners — the same men who helped him turn 2,000 yuan ($279) and a urine collection business into a billion-dollar conglomerate — for a private dinner. He raised a glass and spoke with a broken voice.
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