CEFC has invested heavily in the Czech Republic, with some of those investments being taken over by Citic Group. Photo: handout

State-owned Citic takes over troubled tycoon Ye Jianming’s investments in Czech Republic 

The Chinese conglomerate will take over 49pc stake in CEFC Europe, but Ye Jianming’s company will still have a controlling share

Topic |   China economy

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CEFC has invested heavily in the Czech Republic, with some of those investments being taken over by Citic Group. Photo: handout
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