Goldman Sachs’s once invincible China team wobbled and spluttered in early December when it was announced that Fang Fenglei, the ambitious investment banking rainmaker who heads the US bank’s mainland ...
THE CROWD contained more than 1,000 people: a mix of locals from Linyi, a city in the eastern province of Shandong, and those who, like The Economist, couldn’t snag a seat in their own cities. In ...