In this collection of photographs, from top left to right are GCL Power’s chairman Zhu Gongshan, WH Group’s chairman and CEO Wan Long, Huawei’s founder and president Ren Zhengfei; and from bottom left to right are Longfor Properties’ co-founder and chairwoman Wu Yajun, Country Garden’s founder and chairman Yang Guoqiang, and Fuyao Glass’ founder and chairman Cao Dewang.

China faces tidal wave of exits by ageing tycoons. Their succession plans will shape China’s future

  • Huge leadership change coming for private companies, but many hard-charging offspring are looking beyond the family business
  • Chinese tycoons less likely to have handover plans in place than global peers
Topic |   China economy

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In this collection of photographs, from top left to right are GCL Power’s chairman Zhu Gongshan, WH Group’s chairman and CEO Wan Long, Huawei’s founder and president Ren Zhengfei; and from bottom left to right are Longfor Properties’ co-founder and chairwoman Wu Yajun, Country Garden’s founder and chairman Yang Guoqiang, and Fuyao Glass’ founder and chairman Cao Dewang.
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