Chongqing Times, September 29, 2010
The news that Huang Guangyu lost his battle with Chen Xiao to manage Gome has swamped today’s front pages.
The Chongqing Times goes with whimsical news at the top: 7 Day Holiday for National Day; 3 Days of Rain. News about Huang and Gome follows: Chen Xiao wins, keeps control of management. Huang Guangyu doesn’t lose, remains main shareholder.
The Chinese business tycoon is serving a 14-year sentence and used to be China’s richest man.
On the top of the page is another look at the North Korean leadership: Kim Jong-un’s appointment as general.
Links and Sources
- Chongqing Times (Chinese): Chen Xiao wins, Huang Guangyu doesn’t lose
- BusinessWeek: Jailed Chinese tycoon loses vote over retail chain