China’s Richest Man Beat Nation's Slowdown By Selling Overseas

The Temu application lets western shoppers buy cheap goods directly from Chinese sellers. 

Photographer: Lam Yik/Bloomberg

Hi, this is Venus Feng from the Asia Wealth team, which tracks the fortunes of the region’s richest men and women.

One person we’ve watched do quite well this year is Colin Huang, the 44-year-old founder of PDD Holdings Inc.