>China partner seizes joint venture with hotel group Millennium

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>Millennium & Copthorne Hotels’ operations in China have turned sour, after a joint venture partner seized control of the business, sold off assets and sacked employees.

The group released a statement yesterday saying it had encountered “certain difficulties” at its joint venture Idea Valley Investment Holdings.

It called on the Chinese authorities to step in after Cheung Ping Kwong, one of its partners, took control of the venture by “deceit”. The company also accused him of using intimidation tactics to sell off a resort hotel on the west coast.

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