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Wahaha-Erbin, Zong Fuli bei einem Wirtschaftsforum in Hangzhou im November 2020

Wahaha inheritance dispute: Heiress Zong Fuli resigns

After a bitter inheritance dispute over the legacy of one of the richest Chinese, Zong Fuli, the daughter who was long considered the sole heir, has unexpectedly resigned. The case casts a gloomy picture of China’s business elite and shows what lies behind the image of patriotic entrepreneurs.

By Ning Wang

Opinion: How Asia can reduce its dependence on the dollar

Despite rising geopolitical tensions and escalating trade wars, the global dominance of the US dollar is unlikely to wane in the short term. This makes the Asian economies vulnerable to dollar shocks and underlines the need for greater regional cooperation and stronger financial safety nets.

By Hiro Ito and Yasuto Watanabe