Owen is an undergraduate student in the Princeton University politics department.
Former trash collector Huang Guangyu became China’s richest man by building an electronic appliance empire. Then he was jailed for 10 years for “illegal business dealings.” He emerged from jail in June with his fortune intact, thanks to his wife, Du Juan, who took the helm and fought off anyone who tried to dilute her husband’s ownership of the company.
China’s favorite hot sauce company was accused of not paying a $2.3 million advertising bill to internet giant Tencent. Now it turns out the company is innocent: Three people pretending to be marketing executives of the Guizhou Lao Gan Ma Company have been arrested for an elaborate scam.
After 12 years in prison for insider trading and bribery, entrepreneur Huáng Guāngyù 黄光裕 (aka Wong Kwong-yu) was released on parole on June 25. Formerly China's richest man, Huang's electrical appliance retailer GOME saw its stock price surge 17.39% on the day of his release.
Nanjing woman uses airlines own shortcomings against them to pocket $420,000 over five years.