Michael Yu Minhong saw his wealth slashed when China’s leadership cracked down on private tutoring businesses, and now he’s calling for market economy rules to be respected.
Challenges related to national security, data flows and market barriers still dominate hearts and minds, fuelling doubts about increasing investments in China, as well as contemplations about exploring overseas opportunities.
A story looking at Chinese investors scrambling to sell overseas properties amid shaky economic conditions took centre stage at the top of a list of our economy stories in 2023.