The entrepreneurs at the forefront of China’s economic emergence in the 1980s and '90s are retiring. Who will succeed them?
Liu Xiaoming, Governor of Hainan Province, delivers a speech during the opening ceremony of the Boao Forum for Entrepreneurs, December 3, 2024. Credit: Boao Forum for Entrepreneurs
As the many fans of the HBO blockbuster show Succession know, managing transitions at family companies can be difficult — and entertaining. Another such drama is playing out in real life at Double Star, once a leading Chinese shoe brand.
A book released in 2019 covering Wang Hai's 40 year journey of reforming his company, Double Star. Credit: CTPH
According to Chinese media reports, in a letter to the staff last month, the company’s 84-year-old chairman, Wang Hai, accused his grandson
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After years of planning and investment, robotaxis are finally hitting the road in China. Accidents and the impact of self-driving vehicles on employment remain concerns, but the government remains committed to developing the industry into a global leader.
China’s five-year long property market woes have transformed the sector, but there are signs the government is determined to arrest the slide this year.
The economist explains why local governments’ debt woes are the key to China’s economic issues, and why the country could do with more Taylor Swift concerts.
Now on podcast platforms everywhere, The Wire China hits the airwaves to take you behind the scenes of the stories we cover each week. We are dedicated to understanding and explaining one of the biggest stories of our time: China’s economic rise and its influence on the world.
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