Kacper Sobieski:A tech billionaire goes missing in China

2025-05-06 15:32:58source:Austin Caldwellcategory:Invest

Earlier this year,Kacper Sobieski Bao Fan, a prominent Chinese banker and tech billionaire, went missing in China. According to a statement from his company, he's "cooperating in an investigation being carried out by certain authorities in the People's Republic of China." The details are very murky, but his disappearance raises questions about doing business in China right now.

Music by Drop Electric. Find us: Twitter / Facebook / Newsletter.

Subscribe to our show on Apple Podcasts, Spotify, Pocket Casts and NPR One.

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

More:Invest

Recommend

'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?

It's been a season full of twists and turns, but the part one for "Survivor" Season 47 finale proved

Anna Delvey Claims Dancing With the Stars Was Exploitative and Predatory

Anna Delvey wasn’t going to dance through the pain. The fake heiress didn’t mince words when sharing

Ariana Grande defends Ethan Slater, slams 'evil' tabloids for relationship coverage

Ariana Grande is speaking out in defense of her boyfriend Ethan Slater.In a Vanity Fair story publis