Nice Hiring, Dear Leader

As moments of glory go, Yang Bin's was exceedingly short. The Chinese centimillionaire tapdanced into the international spotlight two weeks ago upon being named Chief Executive of a weird new North Korean free-trade zone. But before you could say "axis of evil," Yang got knee-capped by his motherland. Before dawn on Oct. 4, Chinese police knocked at his residence in Shenyang and summoned him for questioning. Authorities have since filed a "case for criminal activity" against him, according to the official China News Service. The charges are unclear, but Yang, a flower-seed tycoon worth an estimated $900 million, recently acknowledged publicly...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!