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Billionaire Guo Buys Fashion Brands as He Chases Buffett


From the 13th-floor conference room where he leads his senior executives in regular tai chi sessions, billionaire Guo Guangchang can look down on colonial-era buildings lining Shanghai’s historic waterfront boulevard, the Bund.

During the first half of the 20th century, these grand edifices housed the U.S., European and Japanese banks, trading houses and consulates that symbolized foreign financial and political dominance over an impoverished Qing dynasty. Today, it’s the slight, bespectacled Guo, in his headquarters atop an anonymous mid-rise office complex, who personifies China’s 21st-century global strength, Bloomberg Markets magazine will report in its October special issue on the 50 Most Influential people in global finance.