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Crain's Chicago Business

Why does this Chinese Exec Scare America?

Article/ Pub

Finance / Investment

January 12, 2013

By Meribah Knight

Pin Ni, president of auto parts behemoth Wanxiang America Corp., does not conjure the image of a conqueror. He is small in stature and boyish in appearance, his salt-and-pepper hair the only betrayal of his 48 years. He's also quick to admit he is not always right. And even when he is, he'd rather not fight about it.

For the president of a $2.5 billion corporation that's spent two decades gobbling up foundering U.S. companies—saving more than 3,000 American jobs in the process—Mr. Ni is remarkably low-profile. He eschews most media interviews, drives himself to work in his Lincoln MKZ, flies economy and prefers Super 8 hotels.

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