LeEco's Jia flouts Chinese regulators' orders to return home and save founded company

LeEco's Jia flouts Chinese regulators' orders to return home and save founded company

Jia "YT" Yueting, chief executive officer of LeEco Global Group, stands for a photograph at the company's headquarters in San Jose, California, U.S., on Thursday, Oct. 13, 2016. Photographer: David Paul Morris/Bloomberg

Chinese internet entrepreneur Jia Yueting has defied orders from regulators to return home and help a listed technology company he founded resolve crushing debt, saying he needed to stay in the U.S. to work on his electric car startup.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter