New World Development chief confronts prolonged real estate slump and succession speculation
Adrian Cheng says his New World Development group will spend $1.5bn to buy land in the next year
The fortunes of a handful of rich families highlight yawning equality gap in city
A misreading of China’s retail market in 2008 led to a dramatic rethink of strategy
An economic slowdown and corruption crackdown have not kept homegrown companies from expanding into national and foreign markets
