# Hebei
Latest news and articles about Hebei
Total: 2 articles found
Sudden Detention of Ex‑Tycoon Li Zhaoting Deepens Dongxu Group Fallout
Li Zhaoting, the former head of the Dongxu business empire and once among Hebei’s richest individuals, was detained by Shijiazhuang police on February 13 as investigations continue. Regulators had already imposed roughly RMB 1.7 billion in penalties and lifetime market bans related to disclosure violations and alleged fraudulent share issuance; only Jia Linjie remains listed from the Dongxu orbit and says operations are normal.
Northern Revival: How Henan, Shandong and Hebei Engineered an Economic Breakout in 2025
In 2025 several northern Chinese provinces recorded notable economic gains as Shandong crossed the 10 trillion yuan threshold and Henan and Hebei posted strong growth driven by industrial upgrading, large projects and logistics. The rebound reflects policy‑led modernization of heavy industry, concentrated investment in strategic clusters and improving export and transport links, but innovation shortfalls and reliance on big projects pose questions about sustainability.