Xie Zhikun, the founder of  Zhongzhi Enterprise Group. Photo: Weibo
Xie Zhikun, the founder of Zhongzhi Enterprise Group. Photo: Weibo

Chinese rags-to-riches tycoon Xie Zhikun dies, aged 61

  • The founder of the Zhongzhi Enterprise Group died of a heart attack in Beijing on Saturday
  • Xie built up a timber business into a major conglomerate, but later began selling assets amid growing concern from the authorities about debt risk

Topic |   China economy
Xie Zhikun, the founder of  Zhongzhi Enterprise Group. Photo: Weibo
Xie Zhikun, the founder of Zhongzhi Enterprise Group. Photo: Weibo
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