Section « Week In China

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Xi Jinping hopes that his trip to Italy will give the BRI a boost
Mar 22, 2019 (WiC 445)

The sentiment surrounding China’s Belt and Road Initiative (BRI) has soured sharply over the last 18 months with headlines about projects that haven’t materialised, loans that don’t look sustainable and recipient nations that want to ...

Plagiarism cases reach the pinnacle of Chinese politics
Mar 22, 2019 (WiC 445)

In 2017 when Springer, the publisher of science journal Tumor Biology, retracted 107 papers from Chinese researchers on concerns that their peer reviews might be fake, the Chinese government immediately announced a “zero tolerance” policy for ...

China to tighten oversight of e-cigarette business
Mar 22, 2019 (WiC 445)

It was 2001 when Chinese pharmacist Han Li was trying to give up smoking. He tried nicotine skin patches but he missed the sudden chemical hit he got from having a cigarette. So he began work on a device that would provide not only that but other ...

The most talked about TV show in China is about bad parenting
Mar 22, 2019 (WiC 445)

While it is hardly news that parents will go to great lengths to give their children the best education possible, a major scandal at some of the leading universities in the United States has exposed helicopter parenting at a whole new ...

Zuckerberg’s Facebook to copy Chinese rival?
Mar 22, 2019 (WiC 445)

Last November Facebook quietly unveiled a new app called Lasso that allows users to record 15-second videos of themselves dancing and lip-synching. Doesn’t that sound a lot like TikTok, the international version of China’s smash hit ...

Gree turns every single employee into a sales rep
Mar 22, 2019 (WiC 445)

There are no set rules for what makes a great CEO. Excelling at selling stuff certainly helps. Nearly 15% of Fortune 500 bosses started their careers in sales, according to a 2017 survey by Heidrick & Struggles, a recruitment firm. Cisco’s ...

Tesla cuts prices – and NIO’s shares dive
Mar 22, 2019 (WiC 445)

In China there is a view that he has “infringed consumers’ legal interests” (as one protest banner proclaimed). But back at home in the US, he thinks his own rights to free speech have been trampled by an over-mighty regulator. Welcome ...

Short-seller accuses Zhou Hei Ya of inflating sales figures
Mar 22, 2019 (WiC 445)

“I’ll say they’re a fraud, and I’ll short. But when they do go to zero, I win, you all lose,” pronounced Dan David in the documentary The China Hustle. Over the past few years short-seller reports have mushroomed. Most have ...

Should investors be panicked by the red ink at Meituan-Dianping?
Mar 22, 2019 (WiC 445)

Weighed down by a $2 billion loss from unauthorised bets on the forex market, Citic Pacific’s HK$12.7 billion ($1.6 billion) loss in 2008 was one of the worst by a Hong Kong-listed firm in recent memory. Chalco’s Rmb16.3 billion ($2.4 ...

Bumper profits for Ping An
Mar 22, 2019 (WiC 445)

While food delivery firm Meituan-Dianping shocked investors with the biggest corporate loss in Hong Kong history (see page 9), Ping An Insurance has been making headlines for better reasons. Thanks to rapid growth in its life and health ...

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