Special report | Business in China
Back to business
Despite China’s recent troubles, the prospects for its entrepreneurial private sector remain bright, says Vijay Vaitheeswaran
SHANGHAI’S WUKANG ROAD has a long history. In 1897 John Calvin Ferguson, the American head of what is now Jiao Tong University, had it built in the city’s French concession so students could get to class. The road boasts several dozen listed buildings, among them a graceful mansion that is the old family home of Marjorie Yang, China’s cotton queen. Its interior garden is sheltered by tall trees that have survived Japanese occupation, civil war and the Cultural Revolution.
This article appeared in the Special report section of the print edition under the headline “Back to business”
From the September 12th 2015 edition
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