Shufu

Li Shufu , the chairman of Zhejiang Geely Holding Group, China's biggest privately owned car firm, said overcapacity is a concern, but his company is pressing ahead with expansion anyway.

Road Gets Bumpy for GM in China Sharon Terlep 2011

Geely had indicated its intention to open shop in Daqing as early as last September, when Chairman Li Shufu detailed his plans for Volvo in an interview.

Geely Sets Second Volvo China Plant Norihiko Shirouzu 2011

Also new to the ranking: 27 billionaires from China, including Li Shufu, whose automaker, Geely, announced plans to buy Swedish brand Volvo from Ford in December.

Bill Gates No Longer World's Richest Man Matthew Miller 2010

On one side is Volvo's European chief executive, Stefan Jacoby , and on the other, the company's hard-charging new Chinese owner, Li Shufu .

Chinese Begin Volvo Overhaul Norihiko Shirouzu 2011

Reuters Geely Chairman Li Shufu, left, and Volvo CEO Stefan Jacoby, in Beijing in February, worked to tailor a luxury-car expansion plan for China.

Volvo's Chief, New Boss Are a Study in Contrasts 2011

BRUSSELS — Zhejiang Geely Holding Group Co., the Chinese company that acquired Volvo Cars from Ford Motor Co. this year, hopes to sell its Chinese-made Geely cars in Europe "as soon as possible," Chairman Li Shufu said.

Geely Wants to Sell Chinese Cars In Europe Stephen Fidler 2010

Li Shufu , chairman of both Volvo and its parent, Geely, has in the past talked about building three plants in China, including one in Shanghai as well as in Chengdu and Daqing.

Volvo Offers 10-Year Growth Plan Norihiku Shirouzu 2011

But Geely Chairman Li Shufu said that even though some "outside advisers" recommended Geely try to combine the two Swedish auto brands, he concluded that Saab was too financially troubled for Geely to step in.

Geely Has No Interest in Troubled Saab Christina Zander 2011

Europe remains key "to the developement of the global economy," says Li Shufu, chairman of Zhejian Geely Holding Group Co.,

China to EU: Tone Down Yuan Criticism John W. Miller 2010

His new boss, Zhejiang Geely Holding Group Co. Chairman Li Shufu , is the voluble son of former farmers with a classic entrepreneur's rise.

Volvo's Chief, New Boss Are a Study in Contrasts 2011