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Special> Video> Latest
UPDATED: March 8, 2013
Challenges ahead for Chinese Companies Going Global

Every Chinese company going global has its own stories. Yu Minhong and his New Oriental is no exception. The Chinese education giant is listed on the New York Stock Exchange.

Things went well for a while and then he hit a rough patch. His company was accused of misstating the value of its shares by a U.S. short seller who profited from the ups and downs of the company's shares.

Though eventually the New Oriental was found innocent, the experience earned him the respect of the country's political advisors.

Yu was selected to be a CPPCC member due to the success of his company and his own legend.

(CNTV.cn March 7, 2013)


 
 

 
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