Head of Chinese Fast Food Chain Arrested
Published:
2011-05-12
Cai Dabiao, president of popular Chinese fast food restaurant Kungfu (Zhen Gongfu), was arrested by Guangzhou authorities along with 4 other suspects on April 22 on charges of suspected embezzlement, misappropriation of funds and other charges. Cai Dabiao had been on the run after Guangzhou police opened an investigation into suspected crimes in the management of the company on March 17.
Source
Xin Kuai Bao
Google translation
The views posted here belong to the commentor, and are not representative of the Economic Observer |
Related Stories
- Roundup of China's Major Economic Indicators for April
- We are seeing very promising shifts in the direction of Chinese economic policy
- Our committee was kind of dormant until 2008. But now it is more like it should be – we do our duty and watch out for elements that could be harmful to stability
- Excessive Toll Fees Result in Huge Profits
- In China it's ok, but abroad, if two [Chinese] companies working in the same field compete over one project, it can ruin the whole market and also destroy the image and reputation of Chinese companies
Popular

- OPINION
- China's Challenge: Social Disorder
- "We are the hungry family around the dinner table, gorging on peanuts and appetizers becau...
Interactive
Despite an increase in the proportion of male births per 100 female births, China has a more balance...
Multimedia
Take a look back at some of the most important news events that helped shape China in 2010

- EEO.COM.CN The Economic Observer Online
- Bldg 7A, Xinghua Dongli, Dongcheng District
- Beijing 100013
- Phone: +86 (10) 6420 9024
- Copyright The Economic Observer Online 2001-2011