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Why mainland Chinese children are starting to turn their backs on the family business (Video)

Fri Nov 9 02:50:58 CET 2018
Brief :  There is a saying in China that it is very hard, if not impossible, to pass on family wealth to the third generation. If a new survey by accounting giant PwC is anything to go by, it seems that increasingly the same could be said of the second generation. The children of family businesses in China are becoming less inclined to take over the reins from their parents, preferring instead to choose their own career paths, according to the study released on Thursday. PwC's biannual survey of...

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