China Merchants names new president

China Merchants names new president    China Merchants Group Ltd. said Li Jianhong has been named a director and president of the company.
   Li Jianhong is a former executive vice president of China Ocean Shipping (Group) Co.
   China Merchants is an investor and operator of transportation infrastructure, including container terminals, on the mainland and in Hong Kong.
   In addition, Fu Yuning, current president, was made chairman and Qin Xiao, chairman since 2000, announced his retirement.