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After TV exposé, Meituan and Ele.me to improve gig workers’ rights
May 7, 2021 (WiC 539)

One of the greatest rulers of imperial China was Emperor Kangxi of the Qing Dynasty. The longest reigning monarch, he was said to have made tours around Beijing and across the country. Dressing as a commoner and mingling with ordinary folk, the ...

The house always wins

Why property management is now in vogue for stock market investors
May 7, 2021 (WiC 539)

In 1980 there was only one property developer in Shenzhen – a city that’s now bigger than neighbouring Hong Kong economically. That firm would develop into today’s state-owned heavyweight Shenzhen Special Economic Zone Real Estate & ...

China reacts to Indian Covid-19 surge
May 7, 2021 (WiC 539)

Sun Weidong, China’s ambassador to India, has been busy on Twitter. As a brutal second wave of Covid-19 ravaged Indian cities, Sun posted a series of messages showing much-needed medical supplies destined for delivery in India. “India is our ...

Under a Tuscan sun

Italian winemaker discusses impact of Covid-19 on his China sales
May 7, 2021 (WiC 539)

Primo and Anna Maria Banelli have been making wines at their estate Il Palazzo outside Arezzo since the 1970s. Lorenzo Pitirra, who heads up exports for the brand, spoke to WiC about the opportunities of selling into the Chinese market – ...

‘Yin and yang’ – the sequel

Scandal prone actress dominates online discussion after contract revelation
May 7, 2021 (WiC 539)

Forbes recently reported that the former wrestler Dwayne Johnson was the world’s highest-paid actor for the second consecutive year in 2020, raking in $87.5 million even during the pandemic. The salary included a huge pay cheque of $23.5 ...

Hubei leads GDP league table
May 7, 2021 (WiC 539)

China is no stranger to dizzying GDP growth. But even by its standards, the 18.3% economic expansion logged during the first quarter was a record. The boom came on the back of 31 provinces or municipalities posting double-digit growth, of which ...

A return to Wall Street

Cautious Chinese regulators are driving listing candidates to New York
May 7, 2021 (WiC 539)

Ask someone if they’d like a pleasant surprise and the answer is generally going to be ‘yes’. This is one of the main reasons why ‘blind box’ promotions have become so popular in China in recent years. It started off as a craze for ...

Raising the bar

Chinese investors help rebound in gold prices
May 7, 2021 (WiC 539)

Global investors have been selling their gold but consumers in China are buying more of it again. That was the story of the precious metal in the first quarter of this year, with demand from China offsetting some of the downward pressure on the ...

Electric carmaker hit by a public relations debacle
May 7, 2021 (WiC 539)

If a female journalist tries to extract confidential information from a company employee source, should the staff member be fired if he replies: “I’d like to ask your advice about something as well. Is your sex life harmonious? Have your ...

Keeping it in the family

How a Fujian tea seller has perfected corporate marriages
May 7, 2021 (WiC 539)

The headline news this week from the Gates family was that two of the world’s wealthiest people are getting divorced. But it’s no secret that wealthy people often prefer to marry others with plenty of money in the first place. Jared Kushner ...

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