Li Shufu

Chinese billionaire entrepreneur (born 1963)

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Photo: 中国新闻网, CC BY 3.0 (Wikimedia Commons, cropped)

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Jul 23
US Senate panel advances bill that could ban Mercedes sales over Chinese ownership ties
The Senate Commerce Committee approved bipartisan legislation that would bar connected vehicles from manufacturers with more than 15% Chinese ownership, putting Mercedes-Benz in the crosshairs due to stakes held by BAIC and Geely's founder.