As soon as he put down the phone, Mr Wu got on a plane.
ECONOMIST: For once, a foreign bank may have bought wisely in China
In May, it yet again split what remained of Mr Wu's old empire, this time geographically.
In a sense, the British government agrees, now that Mr Wu is in China.
Mr Wu correctly identified it as a threat to the cellular operators and forbade it.
ECONOMIST: Life is getting harder for China's phone companies
However, in an interview, Mr Wu worried that some recent developments in China suggested a populist lurch.
Mr Wu's case is about to raise a trickier issue for Hong Kong.
Mr Wu is now second in the hierarchy and is likely to take over as head of the parliament next March.
Merely fulfilling the complex application procedure to open up on its own could take a bank five years, Mr Wu says.
ECONOMIST: For once, a foreign bank may have bought wisely in China
The money should be recovered, Mr Wu believes, from insurance payments tied to the flooding, and the sale of the factory buildings.
Even then Mr Wen ate simply and wore an army greatcoat, which Mr Wu noticed years later on television he was still wearing.
The Xibo language is very close to Manchu, but Mr Wu says only about 20, 000 speak it and their numbers are rapidly diminishing too.
ECONOMIST: One hundred years on, only a few native speakers remain
In 2002, after peasants blocked a road in protest over pollution in their fields, Mr Wu was jailed for 15 days for allegedly inciting them.
By creating a perfect crystal on a computer and then testing it, Dr Ceder and Mr Wu have deduced that thermal vibrations are not the problem.
Mr Wu says he has been trying to petition the government, arguing that there was no fraud and that everything had been done to save the firm.
In the late 1990s, they turned Mr Wu's ministry into a regulator and split the operations into four companies one each for fixed-line, mobile, paging and satellite services.
Mr Wu said police had recently seized 178 guns, some 13, 000 bullets, more than 3.5 tonnes of explosives, more than 19, 000 detonators and two hand-grenades from Tibetan monasteries.
ECONOMIST: The dangers of confusing patriotism with ethnic pride
One evening in April last year, when Mr Wu and his wife were watching television in their bedroom upstairs, police climbed up a ladder, through a window and took him away.
So after the new bank law went into effect, Mr Wu had a call from a well-informed banker at Macquarie, an Australian bank, asking whether he was interested in Business Development Bank.
ECONOMIST: For once, a foreign bank may have bought wisely in China
Mr Wu, who is 40, was found guilty in August of extorting money from an environmental-equipment manufacturer by threatening to inform the authorities that products supplied to a steel company were substandard.
In the past two years, as groundwork for the creation of a new branch, Mr Wu travelled to China monthly, making presentations to regulators and cultivating the overseas offices of existing clients.
ECONOMIST: For once, a foreign bank may have bought wisely in China
At the moment, says Mr Wu, sites can say they are no more responsible for the way their space is used than telephone companies are for crimes discussed by users of their lines.
China Mobile and China Telecom both descend from the Ministry of Post and Telecommunications, which operated all telephone services in China until the mid-1990s as, in effect, a personal fief of Mr Wu's.
Mr Wu, the owner of the scarf manufacturer Wells Knitting, admitted he was also feeling the strain of rising production costs and planned to retreat to his home province, Henan, in five years time to open a business there.
FORBES: Isn't It Wonderful That China Will Be A Bigger Economy Than The US By 2016?
Mr. Wang said on Friday that he worked with Sun Media's Mr. Wu to reach Mr. Buffett.
Mr. Wu said he acceded to Mr. Buffett's request and pulled it.
Mr. Wu then planned to mix in a video Mr. Buffett recorded a year earlier for a charity the Chinese executive is involved with, the Sun Culture Foundation.
Mr. Wu says he still expects the online version of the gala will play Mr. Buffett's Chinese New Year greeting.
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