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Asia Times

Covering geo-political news and current affairs across Asia

Tag: Shao Zhongyi

China’s 500th largest firm is first casualty of trade war with US

by Ben Kwok August 4, 2018February 18, 2020

Shandong Sunrise Group, a major soybean importer that was, for years, China’s 500th biggest company, has become the first Chinese firm to file for bankruptcy as the Sino-American trade war heats up. The cross-Pacific battle was the last straw for the company owned by Shao Zhongyi, once the richest man in Shandong province according to […]

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