China’s Geely billionaire still hungry for iconic British automobile brands

China’s Geely billionaire still hungry for iconic British automobile brands

Geely chairman Li Shufu. Photographer: Tomohiro Ohsumi/Bloomberg

When auto tycoon Li Shufu emerged as a suitor for Volvo Cars a decade ago, few outside China had heard of him. Now the billionaire’s name pops up as soon as there is a whiff of a deal in the industry.