From The Financial Times:
A Chinese executive who was due to appear on Thursday in a British court for possible extradition to the US is being hailed as a hero by Beijing’s state media and on the internet after he skipped bail and fled home to the southern province of Hunan .
The City of Westminster magistrates’ court said it had issued a warrant for the arrest of Yuan Hongwei, chairman of Chinese glue-maker MagPow Adhesive Industries, and seized his £100,000 ($196,000, €133,000) bail after he failed to appear for his extradition hearing. [Full Text]
