Godfather' jetting in to talk property

The "Godfather" of the Chinese real estate industry is among a number of leading Chinese and Hong Kong business people attending a conference next month in Auckland which is one of a couple of initiatives underway to develop New Zealand's business ties with China.

Among the 60 Chinese business people and officials attending the International Sustainable Cities Forum, is Wang Shi, chairman of Shenzhen-listed Vanke - China's largest residential property developer with a market capitalisation of about US$10 billion.

Aside from his "Godfather" status, Wang has also been likened by Time magazine to US property magnate Donald Trump while the New York Times has called him a "tycoon adventurer in the mould of Sir Richard Branson".

Big as Wang's company is, it is dwarfed by China Resources Holdings, whose chairman Song Lin will also be at the conference, according to organisers, the Chinese New Zealand Herald.

To read the full NZ Herald article click here

Posted: 17 Feb 2009

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