Chinese inheritance

Author: Bian Jie
Publisher:
Publish Date: 2005-05-01
Features: The experiences of many renowned entrepreneurs such as Wang Junyao, Chen Yifei, and Li Haichang remind society that Chinese private enterprises have reached a time to consider handing over the baton. Traditional taboos cannot prevent people from facing reality, and the topic of inheritance will become the culmination of the life-long wisdom of the once-dominant predecessors, as well as an unavoidable and arduous test for future wealthy offspring to prove their independent value. Unlike ordinary families, the inheritance of corporate assets often relates to the development of local economies and the stability of business life, and it can also affect the fate of many more people around. This inheritance is not merely a nominal transfer of wealth rights, but is closely tied to the actual control and management of the enterprise, involving deeper economic and legal issues. This book is the first to reveal the phenomenon and logic of wealth inheritance in contemporary Chinese society, providing a panoramic scan and record of the wisdom and operational arrangements for the inheritance of property among China's wealthy. It offers a clear outline of the trajectory of private wealth over the 20 years of reform and opening-up. This is a "River Scene at Qingming Festival" depiction of the wealth inheritance of China's billionaires.