Foreign scrap metal trader reported kidnapped and held for ransom by Ningbo SOE

Here's a rather shocking story of a scrap metal trader going to Ningbo to discuss a business dispute and ending up kidnapped by the other party, an SOE trading company. It's reported here at the Shanghai Scrap blog. Things like this don't happen every day, but unfortunately neither are they unheard of. A reportedly similar recent case involved what Forbes called the kidnapping of David Ji, a Chinese-American entrepreneur; check out the video report here (New York Times story here).

I should add that I don't have personal knowledge of the facts behind these stories, and am just supplying links to the reports of others. Readers should use their own judgment.