Business Daily meets: Desmond Shum

We meet the Chinese property tycoon and multi-millionaire who, along with his then-wife, once moved in the highest echelons of power in Beijing. But the couple fell foul of the Chinese government during Xi Jinping’s inexorable rise to power and in 2017 Desmond’s ex-wife was abducted – he says by the Chinese state. She vanished for two years and even now is restricted in her movements, although she’s never been charged with any crime. Mr Shum now lives in the UK, from where he gave us his extraordinary account of business life at the highest level in China. And he tells us why he thinks the current Chinese economy is rotten to the core. Presenter: Ed Butler (Image: Desmond Shum. Credit: Desmond Shum)