Subscribe to this topic via RSS or ATOM
Topic - Zhu Xiaochuan
No Stories Found
"People were shocked that an obscure businessman bought a foreign bank and it was a U.S. bank nonetheless. He wasn't even a banker to begin with," said Zhu Xiaochuan, a researcher on China's financial law at CEIBS Lujiazui Institute of International Finance in Shanghai. "The news must be credible because it was in mainstream media. The public were amazed how wealthy Wenzhou businessmen were."