- Motorcycle Firm’s Collapse Leaves Only Skid Marks
China Qingqi’s rise and fall paralleled the process of China’s economic reform that began in the 1980s. But how did a small, state-owned motorcycle-maker with less than 20 million yuan (US＄ 2.59 million) in assets grow into a huge conglomerate in its first 10 years and then collapse in the following decade?
- Richard Li Defends PCCW Sale
“If history could repeat itself, I would have been more careful in balancing the interests of all parties involved,”
- Bank of China Hit by New Scandal
Bank of China has discovered that several of its managers at a local sub-branch have colluded with a local businessman to cash fraudulently