The chief executive of Microsoft's Greater China business, Chen Yongzheng, has resigned, the world's largest software maker said on Wednesday. In a statement on its China Web site, Microsoft said its global vice president, Zhang Yaqin, would take over as acting Greater China chief while it sought a permanent replacement.
The New York Times reported on its Web site that the National Basketball Association had hired Chen to head a Chinese subsidiary that it is setting up, a move highlighting the growing importance of China to the sport and to the NBA.
