Caixin
Apr 09, 2012 06:39 PM

Dalian Businessman Who Built An Empire Vanishes

 
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(Dalian) - The sudden disappearance of a self-made billionaire in the coastal city of Dalian has unnerved not only bank executives concerned about loans they made to his companies, but also government officials who have lent generous support to the expansion of his business empire.

Xu Ming, chairman of Dalian Shide Group Co. Ltd., has been out of contact with his companies since March 14, a corporation announcement said.

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