Content by ARMENPRESS News Agency
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2020-09-17 16:48
CHINESE BILLIONAIRE PROHIBITED TO LIVE SMOKE
The court banned the president of the HNA Group, Chinese billionaire Chen Fenyu, from spending money on luxuries because of the company's debts.

This was reported by the South China Morning Post.

Nowadays, the entrepreneur can not buy things that are not necessary in everyday life and work.

Businessmen, in particular, should not fly planes and use high-speed trains.

He was also banned from buying real estate, making expensive renovations, staying in luxury hotels, visiting clubs and renting elite offices, RIA Novosti reported.