Lai Xiaomin, former chairman of China Huarong Asset Managment Co Ltd, was executed for corruption on Friday after his death sentence was approved by the top court.Lai was convicted of bribery, embezzlement and bigamy by a local court in Tianjin on Jan 5. The court sentenced Lai to death, deprived Lai of his political rights for life and confiscated all his assets.Lai appealed, but the Higher People's Court of Tianjin later ruled the facts in the first trial were clear, the evidence was sufficient, the sentence appropriate and the trial was conducted per due procedures.The court then...…Lai Xiaomin, former chairman of China Huarong Asset Managment Co Ltd, was executed for corruption on Friday after his death sentence was approved by the top court.Lai was convicted of bribery, embezzlement and bigamy by a local court in Tianjin on Jan 5. The court sentenced Lai to death, deprived Lai of his political rights for life and confiscated all his assets.Lai appealed, but the Higher People's Court of Tianjin later ruled the facts in the first trial were clear, the evidence was sufficient, the sentence appropriate and the trial was conducted per due procedures.The court then...WW…