Shuli Ren, Columnist

Are China’s Billionaire Tech Founders Slipping Out of Touch?

A #MeToo gaffe suggests that in entrepreneurship as in society, the old ways aren’t working too well.

November 20, 2018 at 11:00 PM UTC

Shuli Ren is a Bloomberg Opinion columnist covering Asian markets. A former investment banker, she was a markets reporter for Barron’s. She is a CFA charterholder.

Shopping in Beijing: Half the sky.
Photographer: Greg Baker/AFP/Via Getty Images

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Some of China’s tech billionaires apparently still haven’t received the #MeToo memo.

Michael Yu, head of New Oriental Education & Technology Group Inc., raised a social-media storm by appearing to disparage all Chinese women, two months after JD.com Inc. CEO Richard Liu was arrested in Minneapolis over rape allegations, which he denies.