CX DAILY

CX Daily: How the Gree Windfall Got Squandered

Published: May. 20, 2026 9:00 a.m. GMT+8

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In Depth: How the Gree Windfall Got Squandered

A widening corruption probe in the southern Chinese manufacturing city of Zhuhai is casting new scrutiny on how local officials and state-owned companies deployed billions of yuan after selling control of one of China’s most valuable home-appliance makers.

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