‘Iron Princess’ Set To Buy – Not Be Bought – Robin Kwong

From Financial Times:

Diana Chen, one of China’s richest women, is not your typical iron industry baron. Ms Chen, 36, is a Western-educated “princeling”, as the children and grandchildren of China’s communist elite are known. Her late grandfather, Lu Dong, was China’s metallurgy minister in the 1960s and 1970s.

This summer, Ms Chen launched a hostile takeover for Hong Kong-listed China Oriental Group , which controls a mid-sized steel mill in Hebei province . Her bid came after a falling out with Han Jingyuan, Oriental’s chairman, who controls45 per cent of the company. [Full Text]

Categories :

Tags :


CDT on Twitter

Google Ads 1


Giving Assistant

Amazon Smile

Google Ads 2

Anti-censorship Tools

Life Without Walls

Click on the image to download Firefly for circumvention

Open popup

Welcome back!

CDT is a non-profit media site, and we need your support. Your contribution will help us provide more translations, breaking news, and other content you love.