Sowing Capitalist Seeds

CHIEN-MIN CHUNG FOR TIME

Jing Huang, China head of Softbank Asia's fund, cautions that investing in China can be dangerous

For Jing Huang, politics wasn't just dinner-table-discussion fodder. It was a family tradition. As the grandson of one of the founders of China's communist movement and the son of a leading leftist writer, Huang imbibed the virtues of Marxist thought early. But because of his family's privileged status in Beijing circles during the 1960s and '70s, he also read the uncensored news reports sent to his father before they were fed into the propaganda machine. During heated mealtime debates, Huang was soon taking the knowledge gleaned from those papers and from hours spent listening to the forbidden Voice of America to...

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