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An education for investors

What is really behind Beijing’s internet sector crackdown?
Jul 30, 2021 (WiC 551)

Angela Merkel has visited China no fewer than 12 times since becoming German chancellor in 2005. Ties between the two nations’ economies are tight and the Chinese have sometimes seemed to taken lessons from the German experience, never more so ...

Taking over Tokyo

Chinese firms dominate Olympic sponsorships
Jul 30, 2021 (WiC 551)

The Olympics makes much of its income from consumer brands that want to sponsor the world’s biggest sporting event. But with the Games in Tokyo already delayed a year and also very unpopular with local people worried about the spread of ...

AI unicorn CloudWalk gets nod for STAR Market IPO
Jul 30, 2021 (WiC 551)

The polygraph, so beloved in spy films and detective novels, is underpinned by the idea that a liar can be caught out through physical symptoms. The technology uses contact sensors to detect changes in pulse, blood pressure, breathing rate and ...

Wanted: a baby boom

Government reveals more details on its new Three-Child Policy
Jul 30, 2021 (WiC 551)

Is China really dropping all restrictions on family size? That seems to be the case, according to a new document from the State Council. Published on July 20, the document contains a raft of measures to encourage couples to have more babies. ...

China’s Houdini returns

Will Faraday Future now deliver – having finally gone public on Nasdaq?
Jul 30, 2021 (WiC 551)

Many people have tried to sum up Chinese entrepreneur Jia Yueting over the course of a colourful and tumultuous career that’s seen him bankrupt one firm after another. In 2016, a tech journalist famously called Jia and his electric vehicle (EV) ...

The art of giving

Celebrities compelled to show their support with flood relief donations
Jul 30, 2021 (WiC 551)

After the devastating earthquake that killed 69,227 people in Sichuan province in 2008, actress Zhang Ziyi pledged to donate Rmb1 million ($146,000 at the time) to the Chinese Red Cross Foundation. Having made the commitment during the Cannes ...

Kicking the toxic habit

SVOLT debuts an EV battery that’s cobalt-free
Jul 30, 2021 (WiC 551)

Few would disagree that electric vehicles represent the future of driving. BloombergNEF, a researcher, reckons that global sales of zero-emission cars will jump from 4% of the market in 2020 to a whopping 70% by 2040. But to get to that number ...

The future of fission

Could molten salt reactors soon be added to China’s nuclear network?
Jul 30, 2021 (WiC 551)

In recent years Sino-US superpower rivalry has centred on sectors like chipmaking. China wants to achieve self-sufficiency in semiconductor manufacturing. The US aims to prevent China getting the advanced technology needed to do so. But now the ...

Lessons from Zhengzhou

Catastrophic floods expose the downsides of a ‘cashless’ society
Jul 30, 2021 (WiC 551)

Heavy rains have continued in the central province of Henan this week, flooding new areas and leading to further loss of life. The official death toll from the two-week deluge has risen to 99. Given the severity of the damage, it is expected ...

Kris Wu scandal puts KTVs back into the spotlight
Jul 30, 2021 (WiC 551)

KTV, or karaoke, has more of a reputation in China for boozing, sex and corruption than it does for a night out singing with friends and family. Take Kris Wu, a pop singer embroiled in the most costly celebrity scandal in recent memory after ...

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