News about Terry Gou

Four people connected to WPP's media buying department, GroupM, have been questioned by police in Shanghai, but not arrested. The information is hazy. However, the corporate sector is a safe bet for Beijing at a time when geopolitical tensions between China and the West are at an all-time peak.

According to a Chinese state-backed publication, Taiwan-based iPhone manufacturer Foxconn is facing a tax probe by Chinese authorities. The Global Times announced Sunday that some of Foxconn's key subsidiaries in China had been subjected to tax audits, and that the country's natural resources department had conducted on-site investigations into certain of the company's assets.