Business: Personal File

∙"My father," says K. C. Li Jr., 40. chairman of New York s Wah Chang (Great Development) Corp., "wanted to make Chinese activity in the U.S. mean more than the laundry and the restaurant." Li Sr., a British-educated mining engineer who died early this year, built Wah Chang (1960 sales: $35 million) into a major free-world producer of tungsten. Now K. C. Jr., a Swarthmore graduate who flew with General Chennault's Fourteenth Air Force, is out to enhance his company's reputation by intensifying research into atom-age metals. The new emphasis has already produced...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!