Millionaire Chinese businessman bulldozes run down huts in village where he grew up and builds luxury flats for residents instead... for free

A millionaire Chinese businessman has bulldozed the wooden huts and muddy roads where he grew up - and built luxury homes for the people who lived there.

Xiong Shuihua was born in Xiongkeng village in the city of Xinyu, southern China and said that his family had always been well looked after and supported by residents in his childhood.

So when the 54-year-old ended up making millions in the steel industry he decided to repay the favour - for free.