Lessons for Jack Ma on doing the Party’s business, from Rong Yiren.
Illustration by Luis Grañena
It was the spring of 1949, and Rong Yiren had reason to worry. Reportedly one of China’s 10 richest individuals, he hid with his wife and five children in a downstairs corridor of his mansion as the People’s Liberation Army swept through Shanghai and claimed it for the Chinese Communist Party. As a scion of China’s wealthiest industrial dynasty, Rong was at the mercy of Mao Zedong’s new regime, which promised to end capitalism.
But as the sun rose on May 25, the 33-year-old found hims
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.
President Xi Jinping’s anti-corruption campaigns have come full circle in the PLA. First he hunted his predecessors’ appointees. Now his own generals are falling.
A podcast about the turbulent relationship between the world's two superpowers, the two men who run them, and the vital issues that affect us all.
In a special bonus episode recorded live at the Asia Society, host Jane Perlez speaks with journalist and scholar Orville Schell about his 50 years covering Chinese leaders and their American counterparts. They attempt to answer the question: how did we get here?
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
