Monday, August 21st, 2017

Special Report: The Rise and Fall of China’s Sun King

China's Suntech Chief Executive Shi Zhengrong talks to a journalist at Suntech Power Holdings' headquarters in WuxiBy Charlie Zhu and Bill Powell HONG KONG (Reuters) – In a 2010 speech before a packed ballroom of university students in Sydney, Shi Zhengrong, founder of Chinese solar-panel maker Suntech Power Holdings Co Ltd, listed the people who had been important in his rise to fame and riches. Two were of particular note: Yang Weize and Wang Rong, senior Communist Party officials from the eastern Chinese city of Wuxi. A decade earlier, Shi had been research director of a solar energy firm, a spin-off from the University of New South Wales in Sydney, where he attended graduate school. …


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