
The Rise and Fall of Bao Fan: A High-Profile Return
Published on: Aug. 8, 2025, 6:49 p.m. | Source: Devdiscourse
Bao Fan, a prominent dealmaker and founder of China Renaissance Holdings, has been released after over two years in detention. His disappearance in 2023 shook China's financial sector during an anti-corruption campaign, while his return signals Beijing's efforts to restore business confidence in the private sector.