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...

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