Opinion
Opinion

China’s Disappearing CEOs and the Flaw of ‘State Capitalism’

China’s Disappearing CEOs and the Flaw of ‘State Capitalism’
Bao Fan, founder, chairman, and CEO of China Renaissance Group, an investment bank led by one of the country’s most famed rainmakers, holds a news conference on its IPO in Hong Kong on Sept. 13, 2018. Bobby Yip/Reuters
Mani Basharzad
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Commentary

Imagine you are working as an investment banker in one of China’s most famous companies. Everything is going well—a high-paying job, good social status, and finally, you’re making money from the math you learned in university. Then, suddenly, your CEO disappears! This is what happened in China.

Mani Basharzad
Mani Basharzad
Author
Mani Basharzad is an economic journalist with works published by the Adam Smith Institute and the Mises Institute, with interviews covered by global think tanks like the Cato Institute. His research focuses on liberal development economics and Hayek’s Abuse of Reason project. He also hosts the Humanomics podcast.