China’s succession crisis: a generation of entrepreneurs is retiring, but are their children ready to take over?
Family run private businesses helped power China’s economic miracle, but the next generation is finding it difficult to carry on the work of their parentsGrowing up, Ayu would watch his parents put together hand made leather shoes on the ground floor of their three storey home in the Chinese city of Wenzhou. Their relatives in Europe would send photographs of…
Family run private businesses helped power China’s economic miracle, but the next generation is finding it difficult to carry on the work of their parentsGrowing up, Ayu would watch his parents put together hand made leather shoes on the ground floor of their three storey home in the Chinese city of Wenzhou. Their relatives in Europe would send photographs of…
