God moves in mysterious ways. When Liu Shaoyong served as GM of China Eastern Airlines between 2000 and 2002, the Shanghai-based carrier led the country’s airlines in terms of profitability and in 2001 was among the world’s 10 most profitable carriers. Air China was struggling in its shadow. Today the situation is reversed. Shanghai-based China Eastern is generally recognized as the weakest of the big three state-owned carriers while CA is thriving and leading the domestic ...

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