Chinese Character

Closing bell

An elite banker steps down after a turbulent summer
Dec 4, 2015 (WiC 306)

On the afternoon of October 24, 1929 – now known as “Black Thursday” ­– five of the most influential bankers in the United States gathered at 23 Wall Street, the headquarters of JP Morgan. Hoping to prop up the market, the financiers ...

A living legend

Is Hong Kong IPO the closing chapter for China’s ‘godfather of capitalism’?
Jul 24, 2015 (WiC 291)

Go to the business section of most bookstores in China, and you are likely to find three familiar faces on the shelves. One is Li Ka-shing, Hong Kong’s wealthiest man and a role model for many of the Chinese entrepreneurs of the 1980s and ...

As he likes it

Meet Jin Liqun, the Shakespeare-loving banker set to lead China’s new lender
May 29, 2015 (WiC 283)

Jin Liqun is the translator of two popular books into Chinese. They are an unlikely pairing. One is The Anthology of English Verse, an authoritative source for Chinese students of English poetry. The other is The House of ...

A fulfilling farewell

As Fu Chengyu retires, what has he left in the tank for Sinopec?
May 8, 2015 (WiC 280)

"It begs the question: do these individuals matter when they can come and go?” asked Michael Cheng of the Asian Corporate Governance Association in the Financial Times this week. He was responding to news that the heads of two of China’s ...

Under the radar

Meet the tycoon who turned a village into a conglomerate
Mar 13, 2015 (WiC 273)

The most talented young golfers in China can be found teeing off at a mountainous facility in Shandong province. Opened in 2012 at a cost of around $80 million, the Nanshan International Training Centre is a sprawling complex. On a recent visit a ...

A naval hero

Meet the man who bought an aircraft carrier and gave it to China
Aug 29, 2014 (WiC 250)

Not everyone can say they’ve acquired an aircraft carrier. But one rare individual that has is Xu Zengping, a man often viewed as a national hero in his native China. A typical plaudit is to be found on China’s weibosphere: “Thank you, ...

Rui’s empty chair

Popular CCTV presenter is detained, derailing a colourful career
Jul 18, 2014 (WiC 246)

On news anchor Rui Chenggang’s profile page there is a list of his “unforgettable moments”. Some are self-congratulatory, such as his pride at receiving The Global Leader for Tomorrow Award at a ceremony in Davos. Other achievements date ...

Back in the spotlight

Former aluminium boss climbs the political ladder
Apr 11, 2014 (WiC 233)

"China has too many engineers and we have too many lawyers. Let’s trade.” That was the quip from former US President Bill Clinton on a trip to Beijing in 1998. Although said in jest, Clinton’s observation about the career paths of the last ...

The plot thickens

Why China’s movie impresario has sold out to Alibaba
Mar 21, 2014 (WiC 230)

Founded by the Weinstein brothers in 1979, Miramax started out with modest plans to produce and distribute independent movies with non-traditional stories. Many of these lower budget offerings were critically acclaimed but turned only small ...

Beautiful exit

What does end of ‘political’ career mean for Liu?
Mar 7, 2014 (WiC 228)

The annual National People’s Congress of 5,000 or so lawmakers and political advisers is arguably one of the world’s more expensive government events. The two-week gathering costs taxpayers around Rmb200 million ($33.3 million), according to ...

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