Yue Wang

Yue Wang

Senior Contributor|Asia

I cover Chinese billionaires. I am also an editor of the China Rich List, Under30, and 100 to Watch list in Asia. I contribute to Forbes, and previously I freelanced for SCMP and Nikkei. Prior to Beijing, I spent six months as an intern at TIME magazine's Hong Kong office. I am a

SOCIAL
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PREMIUM1,912 viewsMar 13, 2025

Ex-Fisheries Clerk Amasses $9 Billion As His Gold Jewelry Brand Soars

Xu Gaoming, an ex-fisheries clerk in China who started jewelry brand Laopu Gold in 2016, has amassed a $9 billion fortune.

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PREMIUM6,038 viewsMar 9, 2025

AI Mania Makes ByteDance Cofounder Zhang Yiming China’s Richest Person

ByteDance cofounder Zhang Yiming has become China’s richest man as investors bet on companies with AI potential.

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PREMIUM324 viewsMar 4, 2025

China Sets 2025 GDP Growth Target At ‘Around 5%’ Amid Major Challenges

China set its economic growth target at “around 5%” for 2025, the same as last year and in line with market expectations.

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PREMIUM710 viewsMar 3, 2025

Chinese EV Maker BYD To Raise $5.6 Billion To Fund Global Expansion

BYD, the Chinese electric vehicle juggernaut headed by billionaire Wang Chuanfu, intends to raise HK$43.5 billion ($5.6 billion) to deal with fierce competition at home and to expand abroad.

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PREMIUM4,360 viewsFeb 20, 2025

Alibaba’s $120 Billion Rally May Have Room To Grow On AI Optimism

Chinese e-commerce giant Alibaba highlighted its AI ambitions as it reported strong results for its third quarter, fueling hopes that it will become a leader in AI.