Wang Zhendong, the man at the center of the Yilishen investment scam that resulted in mass social unrest, was executed Wednesday. The Associated Press reports: Wang, chairman of Yingkou Donghua Trading Group Co., had promised...
Below is Al Jazeera’s news video about the Yilishen scandal, via Youtube: Thousands of people across China have been conned out of their life savings in a massive investment scam involving ant farms. A chairman of one...
Yilishen ant farmers surround the local Shenyang government building in November, via Global Voices
The headquarters of Yilishen and its CEO
The Los Angeles Times takes a closer look at the victims in the Yilishen ant-farming scam: The story of Yilishen illustrates the get-rich-now mentality here, the constant search for a new angle by those struggling to make a go of it with the communist economy having all but given way to private enterprise, and the […]
From Imagethief blog: Imagethief recently found himself huddled in a wintry hutong courtyard in conversation with two longtime Beijing-based foreign correspondents. During this discussion we came to the conclusion that the recent Yilishen ant-farming scandal is more or less the perfect China story. It brings together at a stroke all of the elements of the […]
From Under the Jacaranda Tree blog: Wang Dan, a Chinese dissident and student leader in the 1989 Tiananmen Square Protests, has published an article at the Independent Chinese Pen Centre in which he discusses the political implications of the Tigergate Incident, the Yilishen Scandal and the Chang’e Moon Photograph Saga. … The following is my […]
From Global Voices Online blog: Below is Zola‘s recount of what he’s been through over the past few days and his abrupt conclusion. In a second blog post since his forced return earlier this week he talks of redirecting the space to focus more on blogger education, but also mentions some unfinished business related to […]
An article in the China Times posits that the health supplement brand Yilishen had “powerful and mysterious political connections,” which contributed to the scandal in which thousands of ant farmers lost all their money. Following large-scale demonstrations by the farmers, news about the incident has been tightly controlled inside China. From Taiwan’s China Times （中国时报), […]
From RConversation: Zhou Shuguang, aka “Zola,” reports that he is home safe in Changsha after being detained in Shenyang, interrogated, made to write detailed reports on everybody he met and everything since arriving in Shenyang to blog about the Yilishen “ant-farmer” protests, had his ID and money confiscated, punched around the head and neck a […]
More on the “ant farmers” in Shenyang, who were hundreds of thousands of mostly poor workers and farmers, many of whom lost their life savings in a financial scam. News about the incident and subsequent protests has...
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