China's New Elite

Chen Xiaoyue was 19 years old the day Red Guards came hunting for "class enemies" at Beijing's Qinghua University. It was 1966, the start of the Cultural Revolution, and Chen's father--a professor who had taught at Harvard--was a prime target. Chen's home was ransacked, and his family was scattered to different corners of China. Chen spent 10 years toiling as a farmer and factory worker in remote Shaanxi province.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.