Failure in China
2008.11.05 21:07

Famous musician Naoki Komuro was arrested for his involvement in deception. He proposed to sell his 806 songs copyrights in 1 billion dollars to a wealthy investor. He had gotten 500 million dollars, but he didn't give them away. He had a bebt of 1 billion dollars.
He used to earn 2 billion dollars in a year.
He had lost 7 billion dollars in Hongkong. He started his investment in Hongkong in Dec. 1996 just one year before the return to China.
Yaohan collapsed after its headquarters moved to Shanghai.
We people from a small country get overwhelmed by a sea of people in China. China is not simply a country, but a continent just the same as Europe, America. We never understand that.