**The former head of the state-firm that owns Beijing airport has been executed following his conviction on corruption charges, state media have reported.**Li Peiying was found guilty of bribery and embezzlement totalling nearly $16m (£11m), Xinhua news agency said.
The death sentence is usually reserved for violent crimes but is occasionally used for cases of major fraud.
China executes more people than any other country but last month the Supreme Court said fewer would be held.
Li was executed in Jinan, capital of the eastern province of Shandong, after the Supreme People’s Court upheld a lower court’s rejection of his appeal.
He was head of the state-owned Capital Airports Holdings, which has 30 airports across China, from 1995-2003, Xinhua said.
His execution follows that of two business people on Thursday, convicted of defrauding investors of more than $120m.
Du Yimin and Si Chaxian “seriously damaged the country’s financial regulatory order and social stability”, the Supreme People’s Court ruled.