Chinese billionaire arrested in Minneapolis

Chinese billionaire arrested in Minneapolis

Chuck Laszewski, a spokesman for the Hennepin County attorney's office, said it was unusual for a detainee to be released so quickly after a Friday night arrest, especially before a holiday weekend.

The Minneapolis Police Department said the investigation remained active and would not confirm details of the arrest or the allegations against the 45-year-old Liu. "He was released pending formal complaint", public information officer John Elder told AFP. But he said he did not know the circumstances of the release and has not heard whether charges are on the way for Liu, who is also known as Richard Liu. It said Liu had been participating in a business activity at the time when false accusations were made against him, and that a police investigation had not found any inappropriate behavior. He declined to say where in Minneapolis Liu was arrested or what Liu was accused of doing.

Longwei Xu was found guilty in July of sexual assault after a jury found that he pinned the woman down and repeatedly tried to have sex with her during an hour-long ordeal at his hotel room in December 2015, Sydney Morning Herald reports. Liu was not charged or accused of wrongdoing, but Australian media reported he tried unsuccessfully to get a court to prevent the release of his name in that case.

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The matter is an another unwelcome bit of publicity for a company that symbolizes the business potential of China's rising middle class.

The Chinese e-commerce firm JD.com has alliances with Tencent and Walmart. JD.com was quick to defend its leader, saying that law enforcement had grilled him over an "unsubstantiated accusation" and let him go when it determined there was "no substance".

The firms will marry JD's supply chain and logistics experience with Google technology to create "next generation" personalised retail in regions including Southeast Asia, the United States and Europe, both companies said in a statement.

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