Understanding China, One Blog at a Time

An American in China

A Chinese Billionaire “Falls To His Death” After attempting to Collect a Debt

Posted by w_thames_the_d on July 25, 2010


A 48-year-old billionaire surnamed Tan, owner of a Hubei-based construction company, died on Friday after falling from a building in Tianjin, Hubei local portal cnhubei.com reported.This story is sad as a human being died. But it shows how bizarre this place is. This man went to collect a debt from a debtor, and then ‘fell’ from a 10 story building, uhhh sounds reasonable right?

chinadaily

“Surveillance video shows Tan falling from the 10th floor of Tianjin Construction Engineering Corporation’s office building, 16 minutes after he arrived at the site. Although the police have ruled out murder as a cause, the conclusion is still being questioned by Tan’s relatives, who told local media that the deceased was going to demand a debt payment of up to 10 million yuan ($1.47 million).”

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