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Citigroup’s sale of its stake in China Guangfa Bank reveals tensions between Western and Chinese approaches to doing business

ne banking executive said that the Citibank team found it unacceptable when Guangfa's chairman tried to use his authority as a Communist Party secretary to "meddle in the administrative affairs."
1 year ago
Amedeo Tumolillo
By Amedeo Tumolillo
Amedeo Tumolillo is an editorial consultant with SupChina and award-winning multimedia journalist. He previously worked at The New York Times and Spectrum. Follow him on Twitter at @hellotumo.
China in 2 minutes a day
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