China tycoon sues in US to recover $690 mln assets


By Ben Blanchard SHANGHAI, Aug 20 (Reuters) - A disgraced entrepreneur who fled China after being accused of economic crimes is suing the government of Liaoning province to recover $690 million he says was illegally seized, his U.S.-based lawyer said on Wednesday. Yang Rong, the former chairman of vehicle maker Brilliance China Automotive Holdings Ltd and ranked by Forbes as China's third richest man in 2001, fled to the United States after authorities sought his arrest. He has now ...

Premium Content (PAID Subscription Required)

"China tycoon sues in US to recover $690 mln assets" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For pricing and subscription information please contact
Lisa Williamson by email: or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×