From Property to Yacht Clubs: Billionaire Wang Dafu

May 20 (Bloomberg) -- Billionaire Wang Dafu has made his fortune building apartment complexes and hotel resorts in China's Hainan and Guangdong provinces. Now he's betting on yacht clubs amid a rise in affluent Chinese embracing Western sailing culture. (Source: Bloomberg)

El-Erian Sees Risk of Politics Contaminating Economics
07:04 - Mohamed El-Erian, chief economic adviser at Allianz SE and Bloomberg View columnist, talks about the risk of politics contaminating economics as he sees the new normal coming to an end. He speaks on "Bloomberg Daybreak: Americas." (El-Erian is a Bloomberg View columnist. The opinions expressed are his own.) (Source: Bloomberg)
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