Fu Yuning, chairman of China Resources, has been thrust into the spotlight after the company was caught up in a widely watched power struggle with China Vanke, the country’s largest residential property developer. Photo: C. Y. Yu, SCMP.
For China Resources chairman Fu Yuning, ‘patriotism pays’ amid Vanke power struggle
Analysts say he sees property as a profit engine for his state-owned company, and that China’s largest housebuilder would provide good synergy for its real estate businesses
Fu Yuning, chairman of China Resources, has been thrust into the spotlight after the company was caught up in a widely watched power struggle with China Vanke, the country’s largest residential property developer. Photo: C. Y. Yu, SCMP.
