As soon as he put down the phone, Mr Wu got on a plane.
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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.
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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.
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.
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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.
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.
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.
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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.
In an interview, Mr. Wu said he had indeed worked through Buffett family members to get hold of a video of Mr. Buffett wishing Chinese viewers a happy Chinese New Year.
Mr. Wu's business savvy helped him capitalize on the attention, making him a go-to designer.
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Founders like Zopim's Mr. Wu who are on the street trying to get press attention miss a lot.
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One of Mr. Wu's rules to sustain Huaxi's riches: Anyone who leaves town loses all title to the money.
Mr. Wu, the former city planner, says he expects the renovation trend to expand to other historic buildings in Shanghai.
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Mr. Wu pivoted Huaxi's economy from farming toward manufacturing and trade, with ventures in steelmaking, then liquor, banking and tourism.
Mr. Wu had a knack for selling hard-nosed business decisions as generosity.
Mr. Wu will be assisting FTC Chairman Liebowitz on legal and policy matters related consumer protection and competition in the Internet and mobile markets.
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Mr. Wu's death also got attention in national media on Tuesday, as broadcasters used the village's transformation as a reminder of strides China has made.
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