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Given that 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 seem tough to find, thinking of that Coco Chu can not be discovered, though she retains the chairman position. Her absence and lack of commitment maintain the company 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 businesses to chase trophy assets back to 1999 when the Chinese government encouraged nearby public and private companies to "zou chuqu" or invest overseas. Ms. Tudor-Ackroyd rightfully points out that the French crystal maker survived lots of turbulent events, but it nonetheless managed to take the lead and use a tactic of resilience to cope with its challenges. Nonetheless, these events occurred just before 2018, when the Chinese investment group Fortune Fountain Capital (FFC) acquired 88.8 percent of Baccarat shares for about 184 million.