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Zong Qinghou

November 21, 2014

China is facing a new economic crisis, and it is not about mounting local debt or even a rapidly slowing property market.  The crisis in the making is about family business succession in the world’s second-largest economy.

China is facing a new economic crisis, and it is not about mounting local debt or even a rapidly slowing property market.  The crisis in the making is about family business succession in the world’s second-largest economy.

This issue may seem innocuous for many observers, but it is in fact one of the many pressing issues for the country’s economy, which is undergoing a painful process of rebalancing.  Why is the family succession issue so important?

September 8, 2011

Demand for property, soft drinks and the internet in China is generating huge wealth for some of the country’s citizens, according to two new rich lists, but there are also rising concerns about the future of the country’s private or family businesses.

Demand for property, soft drinks and the internet in China is generating huge wealth for some of the country’s citizens, according to two new rich lists, but there are also rising concerns about the future of the country’s private or family businesses.

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