China factory owner gets US$1 million demolition payout, distributes it among 406 workers


A boss of a factory in China which closed down years ago has been praised for tracking down hundreds of people who worked there and paying them a share of a US$1-million compensation payout he received. - Photo: SCMP composite/Shutterstock/Baidu

BEIJING (SCMP): A company boss in China has shared a payout of nearly 8 million yuan (US$1 million) to more than 400 former employees even though his factory had been closed for 20 years.

He even paid those who had resigned and the families of others who had died.

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