Wen Jiabao's son appointed chairman of China Satellite
Winston Wen Yunsong, son of Chinese Premier Wen Jiabao and co-founder of New Horizon Capital, has been named chairman of state-owned China Satellite Communications Corp (SATCOM).
Wen, formerly China vice president of SATCOM, will take over from Lei Fanpei, according to a company statement. Overseas-educated Wen originally moved into private equity, setting up New Horizon in 2005....
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