Some others made up business matters or conspired with medicine dealers to extract funds.

"Many things conspired against us: the government's subsidy cuts for new energy vehicles, consequent sales fall in the segment and our recall following a car catching fire," he said.

Despite all the factors that conspired to stand in its way, the brand based in Baoding, a small city in Hebei province, has found its place in the market.

Ghosn has denied all charges against him, saying that executives at Nissan had conspired against him.

In a notice filed with the British Columbia Supreme Court that was released on Friday, Meng's lawyers claim Canada should not conspire with US authorities to punish a foreign national for actions that have no real connection to the US.

Some made up business matters or conspired with medicine dealers to extract funds.

Que Wenbin, the controlling shareholder of pharmaceutical firm Hengkang Medical Group Co Ltd, conspired with an asset management company to drive up Hengkang shares and reduce his holdings at high prices, the China Securities Regulatory Commission (CSRC) said in a statement.