RR Phantom
Location : Wasted Space Job/hobbies : Cayman Islands Actuary
| Subject: Murdoch's China Just Dessert Fri Jan 25, 2008 10:18 pm | |
| FOR more than 10 years, China's potential mesmerised Rupert Murdoch. He poured more than $2 billion into the country and lost at least half of it. He spent lavishly courting the communist mandarins, and cut ethical corners. He even took a young Chinese wife, who bore him two daughters and installed a Mandarin-speaking nanny so they would grow up bicultural.
And where did it all get him? Not far, according to Bruce Dover, who served the Murdoch empire in Asia as director of business development when China was Murdoch's big global play. "He was literally on the telephone every other day seeking news of progress," Dover writes in his book, Rupert's Adventures In China, to be published next week.
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