HIGHPolitical
Chinese couple lose US$15 million pig farm in false fraud arrest, raising justice questions
🌍 GlobalAug 6, 2026 01:18SRC: SOUTH CHINA MORNING POSTBY: Zoey Zhang
INTELLIGENCE SUMMARY
A couple from central China saw their business empire, valued at 100 million yuan (US$15 million), collapse and were plunged into debt after being wrongly accused of fraud. Wang Fei and his wife, Liu Sumin, from Zhumadian in Henan province, began their journey as small-scale farmers before gradually establishing two pig farms. They later expanded into a medicinal herb cooperative and an agricultural technology company. According to Hongxing News, their businesses were valued at over 60 million..
DETAILED REPORT
A couple from central China saw their business empire, valued at 100 million yuan (US$15 million), collapse and were plunged into debt after being wrongly accused of fraud.
Wang Fei and his wife, Liu Sumin, from Zhumadian in Henan province, began their journey as small-scale farmers before gradually establishing two pig farms. They later expanded into a medicinal herb cooperative and an agricultural technology company.
According to Hongxing News, their businesses were valued at over 60 million...
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