Zhang Bingjun, the man who saved Teda

Zhang Bingjun met probably the biggest challenge in his career last year when his company was caught in a serious cash crunch.

"I had to find funds equivalent to 100 million yuan (HK$122 million) each day. If we failed to do that, our company's name would appear on a blacklist of the central bank and banks would stop lending to us," the chairman of state-backed Teda Investment Holding told the South China Morning Post.

via Business feed http://www.scmp.com/business/companies/article/1061140/zhang-bingjun-man-who-saved-teda