Wu Rongzhao, chief executive of China Hongxing Sports, which makes...

2013-01-09T00:00:00

Wu Rongzhao, chief executive of China Hongxing Sports, which makes the Erke brand of sports apparel and footwear, is reportedly leaving the company despite a sharp increase in sales. In fact, the company announced in July that Rongzhao would step down as soon as a new chief executive was found. ...

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