Levin Zhu got personally involved in the effort to restructure ChinaLife for a New York listing, according to a CICC colleague and another investment banker involved in the deal.
Environmental issues have also received increasingly frank coverage in state media in a sign China's new leaders are attempting to address growing quality-of-life concerns by ordinary Chinese.
But at a meeting of U.S. film studios organized by the Motion Picture Association of America last week, a senior executive from Fox told other international distribution professionals in attendance that China Film was attempting to reduce its payment on "Life of Pi" released last year in China due to the new value-added tax.