In China, where fortunes were created more recently, control is only now starting to be handed to the second generation, many of them women.
If you want to understand where China is heading, the best guide may be private equity veteran, Weijian Shan. His take on his country's current economic predicament: Its slowdown has only just begun, but its long-term health looks sound.
Business leaders have warned, as the U.S. renews allegations of trade theft against Huawei Technologies and lawmakers move to ban chip sales to key Chinese companies.
China's deleveraging campaign gave investors in China's property market more opportunities to make deals this past year, according to president of capital markets for Greater China at Cushman & Wakefield.
The U.S.-China trade war resulted in billions of dollars of losses for both sides in 2018, hitting industries including autos, technology - and above all, agriculture.
For decades the U.S. was the world's startup leader, spawning a generation of companies, especially in technology, that went on to become world leaders. Silicon Valley is looking over its shoulder at China, and for good reason: 16,000 companies are born there every day.
Artificial intelligence promises to have a dramatic--and yes, disruptive--effect on U.S. education and jobs in the next decade. Chinese companies are increasingly playing a role in the tools that we call "AI."
Danhua Capital has made considerable investments in a couple of Silicon's Valley's startups which are deemed highly promising in fields such as artificial intelligence, cybersecurity, and drones. Over 20 Silicon Valley venture capital firms share strong ties and have direct access to either a Chinese-owned entity or funds from the Chinese government.
Zhang's VC firm has caught the U.S. administration's attention for being the recipient of Chinese state funding. Danhua Capital is listed as an example of China's "web of entities" established in Silicon Valley "to further the industrial-policy goals of the Chinese government."