A supplier to Proctor & Gamble has become one of China’s growing number of billionaires. Guangzhou Tinci Materials Technology’s chairman Xu Jinfu holds a 41.5% stake in the supplier of personal healthcare product ingredients that was worth $1.4 billion on Friday. Tinci’s clients also include Beiersdorf. The company’s Shenzhen-traded shares have more than doubled since […]
Mark Schlarbaum
“New China” Global Development
Telephone: (949) 570-8988