China’s demographics are poised to create a new ‘silver economy’ — but industry insiders say the nascent sector is still far from a sure bet.
People outside a community elderly care center at the Suzhou Industrial Park in Suzhou, Jiangsu Province, December 1, 2020. Credit: Ji Chunpeng/Xinhua via Getty Images
Chen Dongsheng knows a thing or two about riding China’s economic waves. For the past 30 years, Chen has leveraged his connections — he’s married to Mao Zedong’s granddaughter — in order to read the political tea leaves, and he’s successfully cashed in in the process. In 1993, he co-founded China’s first auction house, China Guardian Auctions; the year after, he launched Zhaijisong, one of the country’s largest logistics and delivery firms; and in 1996, he founded Taikang Life, a
Exclusive longform investigative journalism, Q&As, news and analysis, and data on Chinese business elites and corporations. We publish China scoops you won't find anywhere else.
A weekly curated reading list on China from Andrew Peaple.
A daily roundup of China finance, business and economics headlines.
We offer discounts for groups, institutions and students. Go to our Subscriptions page for details.
The economic policy maker says the Trump administration's actions could threaten the greenback's role, and discusses the big bet the U.S. made in welcoming China into the WTO.
Stay ahead of U.S. export rules. Comply with the new 50% ‘Affiliates Rule.’
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.OKPrivacy policy