The story of princelings in China is quite well known with the sons and daughters of powerful members of the Chinese Communist Party ruling billion dollar business empires. The rule of law is not very strong in the countries and it takes a special kind of luck and connections to be decently wealthy in China. […]

Hanwha Hanwha Chairman has got a sentence of 4 years to serve in jail after being found guilty of using company cash for personal use (all $4.5 million of it) and spending an additional $250 million to help his brother. Note Hanwha is one of the top 10 chaebols of South Korea and entered the […]