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Beijing

FB Roundup: Mukesh Ambani, Vincent Bolloré, Jack Ma

January 10, 2023

In this week’s FB Roundup, Mukesh Ambani focusses his attention on green energy; Vincent Bolloré sells his African ports and logistics business to MSC; and Jack Ma surrenders control of China's Ant Group.

Mukesh Ambani focusses attention on green energy
After handing over operational reins to his three children, Mukesh Ambani, the billionaire chairman of Mumbai-based multinational Reliance Industries, has announced he is focusing his attention on the Indian conglomerate’s pivot to green energy.

Hong Kong families gravitate to Singapore

December 10, 2019

It was a drizzle that turned into a storm. When the Hong Kong government announced changes to extradition rules allowing people to be sent to mainland China for trial, it not only triggered a political crisis, but an economic one too.

A view from Beijing: LuxSea founder Frank Wang

March 4, 2013

Frank Wang, 32, founder and CEO of LuxSea, on luxury, entrepreneurship and why China could be the new Japan.

Frank Wang (pictured, below), 32, founder and CEO of LuxSea, on luxury, entrepreneurship and why China could be the new Japan.

My family business is in the energy sector. My grandfather was the founder of Huaneng Group, which is one of the biggest electricity generating companies in Asia. It was the first Chinese company to go public on the NYSE and is in the Fortune 500.

Super-rich to choose Beijing and Shanghai over Paris, research

March 28, 2012

London and New York attract the highest number of wealthy individuals investing in property, but this could change in the future, with fast-emerging cities such as Beijing and Shanghai gaining popularity.

US family business chairman murdered in Beijing

August 12, 2008

Todd Bachman, the chairman and CEO of family-owned Bachman’s Inc, has been murdered in a random attack in China.

Todd Bachman, the chairman and CEO of family-owned Bachman's Inc, has been murdered in a random attack in China. His wife, Barbara Bachman, was also seriously injured.

The couple were sightseeing with daughter Elisabeth at the Drum Tower, a landmark in central Beijing, at the weekend. The two were stabbed by what local law enforcement authorities have asserted was a lone assailant, who consequently took his own life.

Recovering in a Beijing hospital, Barbara's condition is currently serious but stable.