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Taiwan tycoon Wang Yung-ching dies
(Xinhua)
Updated: 2008-10-16 16:21
Wang died in New York early Wednesday morning during a business tour to the United States from October 11, the group said in a statement. Wang set up the Formosa Plastics Corporation in 1954, which is now a major conglomerate in Taiwan. Its business covers biotechnology, petrochemical processing and electronic components production.
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