Henry Fernandez found China “an extremely primitive country” during his first visit in 1979 as a university student after a Time magazine article sparked his interest.
Almost four decades later, the Mexican-born chief executive of MSCI, the indices and data provider, remains fascinated by a country that has grown into the world’s second-largest economy. He is also clear-eyed about the goals of China’s leaders.
“The number-one goal of the Chinese leadership is the preservation of the Communist party. Everything revolves around that,” says Mr Fernandez.
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