(Photo: Huffington Post)
China has been accused of pirating movies, handbags, Rolexes — even cars. Add Goldman Sachs to the list.
Goldman Sachs (Shenzhen) Financial Leasing Co. has been operating in the city just across the border from Hong Kong using a nearly identical English and Chinese name as the New York-based financial institution, Goldman Sachs Group Inc. It claims on its website to be one of the city’s largest financial leasing firms.
A receptionist answering the phone at the Shenzhen company who declined to give her name said it’s not affiliated with the U.S. bank and wouldn’t offer how it got its name, emphasizing it includes Shenzhen. It’s the first time she’s been asked the question, she said.
The original article can be found at www.bloomberg.com