suning

Yin Zhongli, a member of the Chinese Academy of Social Sciences was interviewed during on CCTV, a program dedicated to Chinese investment abroad, he wanted give an important clarification regarding his statement that caused the reaction of Suning Holdings Group:

“In my speech I wanted to comment on the cross-border irrational investments, but my words were referring to the phenomenon in general and not to a particular company as Suning. I do not want the media to take things out of context, which they did when they made speculations that were different from my point of view.”

Source: Sohu.com