In the news: Executive held hostage, US law firms expand and mutual funds open up

A company executive has been held captive by his employees in Beijing. US law firms have increased their headcount in Beijing and Hong Kong and foreign banks are now allowed to offer mutual funds

4 minute readJune 27, 2013 at 11:13 AM

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Workers confine executive and demand severance package

Chip Starnes, founder and president of Specialty Medical Supplies is being held hostage by employees in Beijing. The dispute began after 30 employees had been offered severance packages because the

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