Dong Mingzhu’s Gree ti­tle changed

China Daily (USA) - - BUSINESS -

DongMingzhu has been re­moved from chair­per­son of Gree Cor­po­ra­tion, ThePaper re­ported, cit­ing a cir­cu­lar by the State-owned As­sets Su­per­vi­sion and Ad­min­is­tra­tion Com­mit­tee of Zhuhai, Guang­dong prov­ince. But Dong is still chair­per­son of Gree Elec­tric Ap­pli­ances Inc, the re­port said. Korea Gover­nor Lee Ju-yeol and six other pol­icy board mem­bers de­cided to keep the seven-day re­pur­chase rate on hold at an all-time low of 1.25 per­cent after cut­ting it to that level in June.

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