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Wealthy and powerful entrepreneurs in China were once idolised by the public, doted on by the government and courted by foreign investors. But now they are keeping a low profile or leaving the country altogether.
Wealthy and powerful entrepreneurs in China were once idolised by the public, doted on by the government and courted by foreign investors. But now they are keeping a low profile or leaving the country altogether.
Wealthy and powerful entrepreneurs in China were once idolised by the public, doted on by the government and courted by foreign investors. But now they are keeping a low profile or leaving the country altogether.
China’s billionaire tycoons are becoming the outsiders in an increasingly state-driven economy that prioritises politics and national security over growth.
Two of China’s best-known entrepreneurs, Pan Shiyi and Zhang Xin, stepped down from their top jobs at the real estate development company they built.