BUSINESS

A Chinese Billionaire Has Gone Missing, And He's Hardly The First

In just nine months, 34 companies in China reported that senior executives had gone missing.

The billionaire founder of a famous Chinese clothing company has disappeared amid an anti-corruption campaign in the country.

Zhou Chengjian, chairman of Metersbonwe Ltd., speaks at the 2010 Alibaba Netrepreneur Summit in Hangzhou, China, on Friday, S
Zhou Chengjian, chairman of Metersbonwe Ltd., speaks at the 2010 Alibaba Netrepreneur Summit in Hangzhou, China, on Friday, Sept. 10, 2010. Zhou has now gone missing.

Zhou Chengjian has been missing since at least Thursday, when clothing company Metersbonwe issued a statement saying it would temporarily stop shares on the Shenzhen Stock Exchange while searching for the company's chairman, according to Business Insider. Also missing is the company's secretary of the board, Tu Ke.

Zhou joins a growing list of top executives in China who are either currently missing or have gone missing in the past. From January to September of last year, at least 34 companies in China reported that senior executives had seemingly disappeared, Bloomberg reported.  

The disappearances have come as the Chinese Communist Party continues its anti-corruption push, according to CNBC. Just last month, billionaire Guo Guangchang went missing for several days before it was discovered he was helping government authorities in an unspecified investigation, according to The Telegraph. 

In Metersbonwe's statement, the company said it was looking into reports that Zhou was picked up by police.

Media reports in the country linking the continued disappearances of executives to the government's anti-corruption campaign remain unconfirmed, according to the BBC. 

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