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

2 months ago
Amedeo Tumolillo
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."
By Amedeo Tumolillo
Amedeo Tumolillo is the editor-in-chief of SupChina and award-winning multimedia journalist. He previously worked at The New York Times and Spectrum. Follow him on Twitter at @hellotumo.