Star Banker’s Disappearance Unnerves China’s Business Elite
- Banker Bao Fan is said to be assisting an investigation
- Chinese investment banker’s firm says he can’t be contacted
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Bao Fan’s knack for closing complicated deals and spotting rising tech stars made him one of China’s most influential financiers.
His sudden disappearance this week — linked to a Chinese government investigation — is now sending chills through the country’s business elite and raising fresh doubts about whether President Xi Jinping’s crackdown on the private sector has run its course.