Chinese exec killed by mob

Chinese state media confirmed Monday that a steel factory executive was beaten to death after thousands of workers gathered to protest the takeover of their company.

Chen Guojun, an executive at Jianlong Steel Holding Co., died Friday after an angry mob in the northeastern rust belt city of Tonghua beat him and then blocked ambulances from reaching him, according to the China Daily.

The protesters worked at the state-owned Tonghua Iron and Steel Group, which was going to be sold to Chen’s privately owned Jianlong Steel. Chen sparked the riot by announcing 30,000 workers would be laid off, the newspaper said.

They dispersed later only after they were assured by authorities the sale would not go through.

-- David Pierson