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Because CEO Daniela Riccardi resigned in March, Fortune Fountain shareholder Sun has taken on the role. But, according to the South China Morning Post, this move violates a essential clause in the loan. In addition, stability and consistency appear tough to locate, contemplating that Coco Chu can't be located, despite the fact that she retains the chairman position. Her absence and lack of commitment maintain the enterprise from fulfilling its duties to shareholders. But this is hardly the very first case of overreaching to come from Chinese investors. We can trace the origin of the negligence that led these companies to chase trophy assets back to 1999 when the Chinese government encouraged local public and private corporations to "zou chuqu" or invest overseas. Ms. Tudor-Ackroyd rightfully points out that the French crystal maker survived quite a few turbulent events, but it nevertheless managed to take the lead and use a tactic of resilience to cope with its challenges. Nevertheless, these events occurred prior to 2018, when the Chinese investment group Fortune Fountain Capital (FFC) acquired 88.8 percent of Baccarat shares for roughly 184 million.