China Briefing by Wang Xiangwei
Beijing’s tight grip on economy leaves tycoons on a tightrope
The exoneration of Wumart founder Zhang Wenzhong raises hopes of a new approach to private enterprise in China. But opaque policymaking and the government’s stranglehold on the economy stand in the way of true change
Wang Xiangwei was the Post's editor-in-chief from 2012-2015. He started his 20-year career at the China Daily, before moving to the UK, where he worked at a number of news organisations, including the BBC Chinese Service. He moved to Hong Kong in 1993 and worked at the Eastern Express before joining the Post in 1996 as China business reporter. He became China editor in 2000 and deputy editor in 2007, a position he held for four years prior to being promoted to Editor-in-Chief. He has a master's degree in journalism, and a bachelor's degree in English.