Xu Ming was a Chinese entrepreneur and billionaire. He was the founder of the conglomerate Dalian Shide Group, and the chairman of Dalian Shide F.C., China's top football club in the 2000s. In 2005, Forbes ranked him the eighth-richest person in China, with an estimated net worth of US$1.05 billion, but his net worth declined to $690 million in 2011. The 2013 Hurun Report estimated his wealth to be around US$490 million, ranking 676th in China.
Xu Ming took the witness stand at Bo Xilai's trial on 22 August 2013
Bo Xilai is a Chinese former politician who was convicted on bribery and embezzlement charges. He came to prominence through his tenures as Mayor of Dalian and then the governor of Liaoning. From 2004 to November 2007, he served as Minister of Commerce. Between 2007 and 2012, he served as a member of the Politburo of the Chinese Communist Party (CCP) and Communist Party Secretary of Chongqing, a major interior municipality. He was generally considered the main political rival of Xi Jinping before Xi became the paramount leader of China.
Bo in 2007
Commerce Minister Bo meets his American counterpart, Carlos Gutierrez, during a visit to the United States in 2007
Bo (July 2011)