Is Shangri-La Hotel private or state-owned?

Dizzy, pretend to understand anything you don't understand.

The correct answer is: Shangri-La Group first invested in mainland China in the form of joint venture. Later, the national policy changed and foreign direct investment was allowed. The group invests as foreign capital. Now Shangri-La Group is a truly foreign-funded enterprise.

Besides, the boss is not from Singapore. The boss, Guo Henian, is the Malaysian Sugar King, and owns many famous brands and groups: Kerry Group specializes in freight, logistics, grain and oil. Before last year, he was the general agent of Coca-Cola in China. The arowana salad oil we use is their home. Now Shangri-La is headquartered in Hong Kong.