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Who Is Yu Donglai? Why China's Premier Is Turning to an Unconventional Supermarket Billionaire

Yu Donglai, the 60-year-old founder of Pangdonglai (胖东来), a regional supermarket chain in Henan province, was invited to address a high-level economic symposium chaired by Premier Li Qiang.

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  • 50% of the sources lean Left, 50% of the sources are Center
50% Center

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South China Morning Post broke the news in Hong Kong, Hong Kong on Saturday, July 25, 2026.
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