INVESTING FOR THE LONG-TERM
China has identified a host of complex, research-intensive sectors including semiconductors, quantum computing, nuclear fusion, electric vehicles, and solar power as critical priorities for the nation’s economic development. But unlike investments in consumer-facing internet companies, investments in these “hard” sectors may take a long time to mature. Great scientific discoveries can take decades to move from the lab to the marketplace. Do investors have the patience to deploy capital over extended periods?
Claire Zillman is a Hong Kong-based senior editor for Fortune, where she oversees a team of reporters that covers business in Asia.She also writes stories on women in business and gender in the workplace.Her feature on the then -unbroken glass ceiling at Wall Street’s banking giants won a New York Press Award for business reporting.She co- authors Fortune’s Broadsheet newsletter about women in business and co-chairs various Most Powerful Women conferences.Before moving to Hong Kong in 2020, she worked for Fortune in London and New York.Earlier in her career, Claire was a reporter for The American Lawyer magazine, covering legal affairs.She graduated with degrees in journalism and history from Syracuse University and is originally from Chicago.