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The head of a Chinese insurance company who took bribes for years has been sentenced to life in prison

Wang Bin, the former chairman of one of China's largest life insurance companies, will spend the rest of his life in prison after a court found him guilty of corruption. The 64-year-old Wang was sentenced to a suspended death sentence, after which he will serve life in prison without the possibility of commutation or parole, according to the court's decision...

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