Tricky art of succession

Whether they were born with silver chopsticks in their mouths is moot, but we can be sure that they have led very comfortable lives, received the best education and wanted for nothing materially.

In the name of the fathers

With China's private businesses playing a more significant role in the economy, appropriate successors are considered vital for the future of family-owned firms.

A cultural oasis in the making

At first sight, West Kowloon seems to be utterly out of place. Right next to this 40-hectare development site, much of it covered in green grass, with blue and yellow cargo containers scattered here and there, skyscrapers jostle for attention, the clear winner being the International Commerce Center, at 482 meters the tallest building in Hong Kong.

IN BRIEF (Page 18)

Quotable

"We need to strengthen policy coordination, strengthen systemic risk monitoring and macro-prudential regulatory requirements. Only in this way can we firmly safeguard the bottom line in preventing systemic and regional financial risks."

Going it alone

Guangzhou-based Sino-Africa Bridge Expo Service Co, which helps Chinese companies exhibit at trade shows in Africa, plans to put on an exhibition of its own in the Democratic Republic of Congo next year.

Nation vaults to world's 3rd-largest investor

Rise in overseas direct investment largely driven by domestic firms

For G-Resources, the bulls keep running

While some analysts say the 12-year bull run on the gold market may be about to end as the stronger dollar dampens demand for the precious metal, many in the industry remain optimistic about its prospects.

Experts give new agency good rating

The opening of a new global credit rating agency, one of whose co-founders is Chinese, has been welcomed by a former senior World Bank vice-president, who says it will be an "invaluable asset" that can take on companies which now dominate the global industry.

Rewards outweigh the risks

Diversifying risk is a necessity for China as the country becomes more industrialized and urbanized, says John Nelson, chairman of insurance market Lloyd's of London.

The road less traveled is the only one

There is a sudden, drawn look on Sune Skadegaard Thorsen's face when he speaks about why he turned his back on a successful career in corporate law, and ventured down a road less traveled.

Quotable

"Growth in China has seemingly passed the trough and looks set to recover further in the second half of this year."