But urbanization trends, and rising incomes bode well for housing long term, Li says.
The three-hour drive to Florence was our last long bus trip, and Li raced through some topics, including Catholics and divorce, Pavarotti, balsamic vinegar, truffles and the pigs that find them, and leather goods that are marked as Italian but made in China.
But Li's companies long ago broadened, doing business today in 56 countries.
Add to that the missing Hutchison Whampoa and other holdings of Hong Kong's Li Ka-shing, long seen as Asia's greatest tycoon.
Aside from touting a blisteringly fast 1Gbps transfer rate (maximum), the rechargeable Li-ion purportedly lasts long enough to fill up a 100GB internal HDD, and it even sports a 1.8-inch LCD to control the action.
ENGADGET: SavitMicro HyperDrive SPACE 2.5-inch HDD enclosure backs up flash cards
Li urged us to stay as long as we wanted, but he also suggested a stop at the supermarket on the corner to buy fruit for the ride ahead.
"I felt like I wasn't playing so badly today, it was just a really long, tough match between me and JJ, " Li told reporters.
En Li, a Shanghai-born biologist with a long track record of academic papers and research at major American institutions, will head Novartis's new research institute.
Not that long ago, the local press would refer to the richest tycoon, Li Ka-shing, as Superman.
Even if Li the Younger needs a partner in order to get HKT, the long-term game plan will still be the same: keep the ISP and the broadband parts and let the other partner take the rest.
CNN: ASIANOW - Asiaweek | Intelligence | Business: Pick up the Pieces
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