Retail in Asia

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Exiled Yang Rong wants to bring green cars to China

He was a pioneer of China’s car industry, listed the first Chinese company on the New York Stock Exchange and helped to bring BMW, General Motors and Renault to China. Then he fled to the US to escape arrest, after a dispute over ownership of the company he had created.

Now Yang Rong has announced an ambitious plan to produce three million clean-energy cars a year in the US and six million clean-tech engines a year in China.

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