China's labour force, at about 930 million, will start declining in 2025 at a rate of about 10 million a year, projections show. Meanwhile, its elderly population will hit 360 million by 2030, from about 200 million. Fosun’s business strategy and philosophy is built around the mantra of “Wealth, Health and Happiness.” Photo: REUTERS

Here’s how tai chi (and Warren Buffett) inspired Fosun founder to become one of China’s biggest asset buyers

Fom toy making to tourism, pharma, insurance and finance, to health and babycare, Guo Guangchang has proved nimble in shaping an enviable portfolio of businesses

Topic |   Fosun Group

TOP PICKS

China's labour force, at about 930 million, will start declining in 2025 at a rate of about 10 million a year, projections show. Meanwhile, its elderly population will hit 360 million by 2030, from about 200 million. Fosun’s business strategy and philosophy is built around the mantra of “Wealth, Health and Happiness.” Photo: REUTERS
READ FULL ARTICLE
Peggy Sito

Peggy Sito

Peggy Sito is the deputy business editor at the Post. She was previously editor on the property desk and has won various news awards from the Hong Kong Consumer Council, the Newspaper Society of Hong Kong and the Society of Publishers in Asia.

Eugene Tang

Eugene Tang

Eugene Tang, the South China Morning Post’s Business Editor and The Peak magazine’s Publisher, has spent more than two decades in financial journalism and in the business of real-time news. His career began in 1994 as a corporate news writer for The Edge weekly newspaper in his native Malaysia, followed by 14 years as a reporter, editor, bureau chief and team leader at Bloomberg News in Malaysia, Japan and China. Fluent in Mandarin Chinese, Eugene has spent more than a decade living in mainland China, covering everything from economic policies to financial markets and earthquakes in Beijing, Shanghai and in China’s far-flung provinces. Prior to joining the SCMP, Eugene was Asia-Pacific Product Director at The Wall Street Journal’s publisher Dow Jones & Co., where he was responsible for the company’s Dow Jones Newswires, real-time news and content licensing for the Factiva news database business.