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Why China’s Covid policy dramatically shifted this week
Dec 9, 2022 (WiC 611)

You may be surprised to learn that ‘goblin mode’ has just been selected by English speakers as the ‘word of the year’. Referring to behaviour that is “unapologetically self-indulgent, lazy, slovenly, or greedy, typically in a way that ...

A $30 billion trip

Xi Jinping makes his long-rumoured Saudi visit
Dec 9, 2022 (WiC 611)

When Joe Biden arrived in Riyadh in July, no Saudi minister welcomed him at the airport. The US president was cold-shouldered amid tensions between his administration and the Saudis over a range of issues that included oil production and the ...

BYD establishes brand in upper tier of EV firms
Dec 9, 2022 (WiC 611)

As a challenging year comes to a close for the Chinese economy, BYD Auto will look back on its own achievements with some satisfaction. Despite all the Covid-related disruption to supply chains, as well as the associated hit to consumer ...

Oil deals as China positions for Russia price cap
Dec 9, 2022 (WiC 611)

Oil traders have been watching closely as China struggles to find ways of living with Covid-19, following nearly three years of strict controls and restrictions. News of an increase in cases of the virus last month sent crude prices lower on ...

Warm competition

Bosideng vies with Canada Goose in down jackets
Dec 9, 2022 (WiC 611)

Canada Goose started out selling its signature gear to fans of winter sports – catering to those going skiing as well as mountaineers attempting to ascend Everest. Over time, the brand was coveted more as a fashion item, however, and even as ...

Can Cameron’s new Avatar blockbuster save the Chinese box office?
Dec 9, 2022 (WiC 611)

At the beginning of the pandemic cinema operators in China got creative in trying to repurpose their venues, which were largely closed to moviegoers. Some reopened their auditoriums as basketball courts, with players taking advantage of the ...

A bet on red that won

US casinos retain Macau licences in spite of worsening Sino-US relations
Dec 2, 2022 (WiC 610)

Macau’s emergence as the world’s casino capital was explosive once it opened up its gambling industry to new entrants in 2002. Five new casino firms sparked a transformation in the special administrative region on the coastal fringe of ...

‘Golden era’ is over

Nuclear deal reversed as Sino-UK ties worsen
Dec 2, 2022 (WiC 610)

In testy remarks captured on camera at the G20 summit in Indonesia last month, Chinese President Xi Jinping gave Justin Trudeau a dressing-down, accusing the Canadian prime minister of leaking the details of a previous meeting to the ...

Kuaishou’s new businesses propel huge growth
Dec 2, 2022 (WiC 610)

Recently, short-video platform Kuaishou added a new feature called ‘Blind Date Corner’. As the name implies, it’s a livestream with an angle on matchmaking, where viewers can check out the other interested parties. “It seems that ...

No good options?

Zero-Covid policy sparks rare protests in key cities
Dec 2, 2022 (WiC 610)

Assuming there was a mechanism in place to ask the question, now might be the time for the Chinese government to conduct a nationwide poll with the following query: “Do you favour an end to zero-Covid if it means a return to a way of life you ...

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