Beijing —’s billionaire founder returned to China after his weekend arrest for alleged sexual misconduct in Minnesota, where local police are investigating the CEO of one of the Asian country’s largest internet corporations. Liu Qiangdong, who uses the English name Richard Liu, is a doctoral student at the University of Minnesota and was in Minneapolis for his studies, the college confirmed. The case involves a Chinese student at the school, according to the Financial Times and the Star-Tribune. Liu was brought in at 11.32p on Friday on an accusation of "criminal sexual conduct" and released just more than 16 hours later, according to arrest records. Minneapolis police department spokesperson John Elder declined to provide further details about the reasons for the arrest, but said authorities decided not to keep Liu in custody and haven’t imposed any travel restrictions while conducting their investigation. is China’s largest e-commerce company after Alibaba Group, bac...

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