>SHANGHAI - A CHINESE court sentenced disgraced Shanghai property tycoon Zhou Zhengyi to 16 years in prison on Friday for corruption, sealing the downfall of the former snack-shop owner who rose to become one of China's richest men, his lawyer said.
Zhou, who only a year ago completed a three-year jail term for stock market fraud and falsifying documents, was found guilty of misappropriation of funds, bribery and forging VAT receipts. -- REUTERS