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Shanghai Daily News Digest

City in the business of helping returnees   2014-10-20

 

 

ENTREPRENEUR Wang Hongtao admits that financial worries caused him sleepless nights when he was trying to get his fledgling industrial coatings company off the ground in Shanghai almost 10 years ago, after returning from the United States to his native land.

Wang had come back from the US in 2005 with US$120,000 to set up Bill-Anda (Shanghai) Lubricating Material Co Ltd, but found it tough going at first.

However, Bill-Anda, which specializes in coatings that minimise wear and corrosion, has since flourished.

 


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