Word: weidinger
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This year, the power pinch could be far worse. Chinese officials estimate that the nation will suffer a record shortfall of 30 million kilowatts, twice last year's deficit. In the first quarter, China's electricity demand was 16% higher than in the same period last year, a figure set...
In the land of Confucius, Lu Weiding carries a heavy family responsibility. His father owns a $1 billion auto-parts supplier that controls the biggest privately run firm on China's stock exchange. But while Lu Guanqiu wanted his son to succeed him, the younger Lu rejected filial obligation and...
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