23 February 2019

Marubeni agents detained in China, WSJ says

Three employees of a Chinese company affiliated with a trading unit of Japan’s Marubeni Corp. have been detained in China, the Wall Street Journal reported Thursday.

Marubeni, one of Japan’s giant trading and investment houses, did not identify the Chinese affiliate, but said it acts as an agent for Marubeni’s New York-based trading unit Columbia Grain Trading Inc., the report said.

The group still could not determine the identities of the three or why they were detained, Marubeni spokesman Kazuo Hanada was quoted as saying.

– Contact HKEJ [email protected]



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