LeEco founder defies China return order, stays in U.S. for car fundraising

SHANGHAI (Reuters) - The founder of debt-laden tech conglomerate LeEco has defied orders from Chinese regulators to return to the country before end-2017, saying he needed to stay in the United States as a fundraising for his electric car startup was making progress.

from Reuters: Business News http://ift.tt/2CEb7I3