Sunday, April 30, 2006

Tang Wanxin

economy - D'Long's owners gets eight year jail

After lengthy investigations and court procedings, the main owner of the D'Long economic empire got a jail sentence of eight years, Xinhua reports.
The conglomerate started off in the 1990s in the tomato-industry by three Tang-brothers and was already known for its heavy-handed tactics in dealing with suppliers, competitors and others. It enjoyed high level protections despite that despite its troublesome reputation.
After the new government took charge, fortune changed for the D'Long company too.

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