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In a brief statement on Friday, the embattled conglomerate said that the two executives had been 'placed under compulsory measures' by Hainan provincial police for suspected criminal offenses. It did not specify which laws were suspected to have been broken. In China's legal system, 'compulsory measures' by the police usually precede formal arrests. HNA Group is one of China's most prominent companies, previously known for its aggressive deal-making. In the statement posted on social media Friday, it said that the […]
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