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Tommy105

08/20/12 12:11 AM

#2041 RE: Tommy105 #2040

Chicago Tribune: A Chinese industrial conglomerate with Chicago-area ties has historically invested a lot like Warren Buffett. It looked for value in aging assets, in some cases providing financial lifelines to hard-hit auto suppliers, saving jobs and injecting life into the decaying Midwest.

But as Wanxiang Group Corp. expands into emerging clean-energy technologies, it faces new scrutiny that threatens to smudge its white-knight reputation.

http://www.chicagotribune.com/business/ct-biz-0819-a123-sidebar-20120819,0,6674162.story