PragueConnect.cz - Business News in English

Business News from Czech Republic by PragueConnect.cz and several sources, collected all on one platform! Want to have your business news listed with us?  Contact us

Czech group ousts Chinese flagship investor, CEFC, from control of local empire

The Chinese group at the centre of Czech moves to boost relations and economic ties with Beijing has suffered a high profile and embarrassing setback. A Czech investment group has moved to take control of the Shanghai-based group’s European activities based in Prague citing massive unpaid debts.
 
 
 
 

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