A Chinese Billionaire on State Power

http://www.futureofcapitalism.com/2010/02/a-chinese-billionaire-on-state-power

Zhang Xin, a 44-year-old Chinese real estate developer who the Financial Times says is worth $3 billion, has a fascinating interview with the Financial Times. The FT says her comments help "to explain how private business is constrained in the communist country":

When it comes to strategy, for example, Ms Zhang suggests that her options are limited. "Strategy? I am afraid we don't have a strategy and we only know we must respond to government's initiatives," she explains.... "After all, my personal power is nothing compared with the power of the state."

by Editor  |  Feb 8, 2010 at 10:16 am Related Topics:  China, Press receive the latest by email: subscribe to the free futureofcapitalism.com mailing list