Property tycoon, Feng, bites into Big Apple

The Chinese real estate tycoon Feng Lun likes to say that when it comes to the property business: “I don’t have any competitors – the only one I compete with is God.”

The 52-year-old chairman of Beijing-based Vantone Holdings Co Ltd – one of China’s largest real estate companies – was in New York this week to attend a business forum called “From Yabuli to New York”. Organized by the China Center, more than 100 Chinese and US business leaders in the manufacturing, technology, insurance, finance and real estate sectors met to exchange ideas and explore business opportunities.

“The economies of China and the United States are growing more interdependent, and have a big effect on the global economy,” Feng said. “What’s lacking now is more business exchanges and more communication between the business leaders from both sides.”

Read more at Property tycoon, Feng, bites into Big Apple

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