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In Depth: Former Shanxi Richest Man Indicted on Mafia, Casino Charges

Summary by Caixin Global
In Depth: Former Shanxi Coal Tycoon Indicted on 17 Charges Including Triad Leadership - More than six months after his arrest, Zhang Xinming, once the richest man in Shanxi province, faces a sweeping indictment that details a sprawling empire built on illegal mining, casino operations and deep-seated corruption

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Caixin Global broke the news in Beijing, China on Thursday, August 6, 2026.
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