Chinese society is being torn apart by generational battles over the sale of the family home
Have you and your relatives fought over ancestral homes and inheritance? I am raising an uncomfortable question, I know.
China’s billionaire families have certainly had their share of very public and very ugly spats – including “Wahaha princess” Kelly Zong’s recent battle with her half-siblings for control over $US2 billion of cash held offshore. But as Chinese society ages and the economy slows, the middle class is starting to argue over money as well, tearing apart long-held social norms such as family harmony and filial duty.
Chinese society is being gripped by generational conflicts over real estate.
By 2023, China already had 217 million people aged 65 and over, or about 14 per cent of the population. Over the next two decades, siblings and distant relatives will be tussling over family assets.
In some parts of China, retirees are the richest. An estimated 20 million former civil servants receive a........





















Toi Staff
Gideon Levy
Tarik Cyril Amar
Stefano Lusa
Mort Laitner
Sabine Sterk
Robert Sarner
Andrew Silow-Carroll
Constantin Von Hoffmeister
Ellen Ginsberg Simon
Mark Travers Ph.d