On July 9, hundreds of Chinese investors and start-up entrepreneurs flocked to an annual conference held by Legend Holdings. They braved the oppressive heat of the Beijing summer not simply because they wanted to network or listen to the various speakers imparting nuggets of wisdom. They also came to pay their respects to the most important man in the room: Liu Chuanzhi, the 72-year-old chairman of the Chinese investment conglomerate.
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