Chinese billionaire rescued after being held hostage with family
Police arrest five people over attempt to kidnap Midea Group co-founder He Xiangjian
Chinese police have rescued one of China’s richest men after he and his family were taken hostage in their home by intruders apparently armed with explosives.
Local media reported that He Xiangjian, the billionaire co-founder of the world’s biggest appliance manufacturer, Midea, was freed on Monday after his son managed to escape and swim across a small river to alert police.
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