Qu expects it to be fully convertible by 2015.
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"It won't affect Apple's China strategies", said Qu Xiaodong, a senior IT expert.
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It was lucky for Qu, who had no tech experience--in Shanghai he ran a real estate outfit--and had been turned down by U.S. venture capitalists.
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It points to a March 2004 e-mail Qu sent, trying to turn down money, saying he was "uncomfortable" with such a huge bonus.
Tony Qu traveled from Shanghai to Silicon Valley a decade ago, hoping to strike it rich.
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