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Regulars

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Ray thinks it’s still okay

“At this stage I am assured that this doesn’t mean foreigners and foreign investors are not welcome”
Oct 15, 2021 (WiC 559)

Bridgewater Associates founder Ray Dalio sounds a more reassuring note on China in comments to the Financial Times. Dalio admitted that “we are in an environment that is unsettling to investors” but added that “China’s motivations should ...

Grocery glamour

Online buzz as Prada offers designer paper bags at a Shanghai wet market
Oct 15, 2021 (WiC 559)

For Shanghai’s trendier millennials and Gen Z’ers, fruit and veg shopping rarely tops their to-do lists. But during the most recent National Day holiday – which ended on Thursday last week – thousands of them flocked to the Wuzhong fresh ...

Never ‘Ever’ give up

“I firmly believe that Evergrande people’s spirit of never admitting defeat, and becoming stronger when the going gets tough, is…
Sep 24, 2021 (WiC 557)

Xu Jiayin tries to inspire his workforce in an internal memo sent on Tuesday. The beleaguered real estate developer faces a well-publicised debt crisis but its founder Xu was defiant: “Evergrande will surely be able to get out of its darkest ...

A successful ‘spelling’ game

New Harry Potter mobile game proves massive hit in China for NetEase
Sep 24, 2021 (WiC 557)

The first Harry Potter novel did not arrive in bookstores in China until 2000, three years after the English-language version of Harry Potter and the Sorcerer’s Stone became a global phenomenon. Like elsewhere, the JK Rowling novels ...

What does your future hold?

A game that predicts ‘life outcomes’ makes waves in China
Sep 17, 2021 (WiC 556)

When readers are first introduced to Nora Seed in Matt Haig’s bestselling novel The Midnight Library, she is a 35-year-old with regrets. She no longer talks to her only living relative and is drifting apart from her only friend. When ...

Not welcome in Westminster

“I do not feel it’s appropriate for the ambassador for China to meet on the Commons estate and in our…
Sep 17, 2021 (WiC 556)

Speaker of Britain’s House of Commons Sir Lindsay Hoyle on his decision to ban Zhang Zeguan, the Chinese ambassador to the UK, from parliament. It was in response to Chinese sanctions against five MPs and two peers who alleged human rights ...

Forrest Li
Sep 17, 2021 (WiC 556)

In the 2018 romantic comedy Crazy Rich Asians, the creme de la creme of wealthy Singaporeans are portrayed as those of Chinese descent who can trace their family’s fortune back to British colonial times. In reality, many of these ...

“The group expects to see higher growth momentum in its results in the second half of the year”
Sep 10, 2021 (WiC 555)

Zhang Jianhong, chairman and CEO of Dongyue Group, sounds an upbeat note. His Hong Kong-listed company’s stock has surged 333% this year and last week saw inflows from the Shenzhen Stock Connect of HK$1.74 billion, more than twice the net ...

Grapes of wrath

Japanese anger over Chinese viticulture
Sep 10, 2021 (WiC 555)

How much would you pay for a single strawberry or a bunch of grapes? And does it matter where the fruit comes from? If you were Japanese the answer to the latter question would be yes. It matters a lot. A single bijin-hime strawberry ...

Soros issues warning

“Xi does not understand how markets operate”
Sep 3, 2021 (WiC 554)

George Soros in an op-ed published in the Financial Times this week entitled “Investors in Xi’s China face a rude awakening” discusses Chinese leader Xi Jinping. The prominent billionaire investor predicted that China was coming to the end ...

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