HONG KONG -- The former chairman of Huachen Automotive Group Holdings, parent of BMW's China joint venture partner Brilliance China Automotive, is under investigation by the country's most powerful graft buster for suspected violation of discipline.
China debt crunch
China's graft buster probes ex-chief of BMW partner after default
Former chairman of bankrupt Brilliance Group suspected of serious violation
Then-BMW board member Friedrich Eichiner and Qi Yumin, then-chairman of Brilliance Group, sign a memorandum of understanding over the construction of a second plant in China in November 2009. (Photo courtesy of BMW)
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