As Ye Jingzi talks enthusiastically about her business and charity work it is easy to forget that she is a “princeling” – the privileged descendant of one of the founders of the People’s Republic of China.
This makes her the equivalent of a Roosevelt or a Kennedy, but with probably more power and influence.
Business in China is famously reliant on guanxi, the concept of personal relationships and reciprocal favours that underpin all deals, from village markets to the commanding heights of the economy.
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