Economy « Week In China

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Economy

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We explore four options for how the city’s protests could play out
Aug 23, 2019 (WiC 463)

Hong Kong lays claim to being one of the safest places to live in the world, making the sudden disintegration of public order this summer all the more startling. More than two months of protests have seen hundreds of thousands of people on the ...

The China-US trade row has escalated into a currency war too
Aug 23, 2019 (WiC 463)

Wars have a habit of breaking out over the summer holidays. Iraq invaded Kuwait in August 1990, Israel clashed with Lebanon in late July 2006, and Russia squared up with Georgia at a similar time two years later. Much further back, World War One ...

Chinese firms celebrate new Fortune 500 list
Aug 2, 2019 (WiC 462)

The American singer Dinah Washington once marvelled about the difference a day makes. But in the corporate arena, it can take a decade for the fortunes of some of the world’s largest companies to shift. There are few better barometers than ...

China’s GDP growth rate slows again – and Trump claims the credit
Jul 19, 2019 (WiC 460)

I used to say he was a good friend of mine. We're probably not quite as close now,” Donald Trump said of the relationship with his Chinese counterpart Xi Jinping this week. Trump’s claim to being a personal pal of Xi’s has always been ...

Bankruptcy of Ningbo’s top developer revives concern over shadow banks
Jul 5, 2019 (WiC 458)

Anbang in Chinese means “giving stability to the country”. Backed by a number of well-connected princelings, the insurer was synonymous with acquisitive Chinese firms’ appetite for international trophy assets. But the owner of the Waldorf ...

Lam’s bungled bill could derail her broader vision for the property market
Jun 21, 2019 (WiC 457)

The transferring of fugitives holed up in Hong Kong back to mainland China wasn’t uncommon in the mid 19th century. There was even a clause inserted into the Treaty of Tianjin – signed after China’s defeat in the Second Opium War – to ...

Why an extradition bill has been wreaking havoc in Hong Kong
Jun 14, 2019 (WiC 456)

For journalists in the modern era, reporting on crowd sizes at very large protests is problematic. The organisers of the demonstrations generally say one thing on the numbers; the authorities say another. We do know that hundreds of thousands ...

Graft probe into former CSRC boss sends mixed signals
May 31, 2019 (WiC 454)

Another week, another high profile official gets swept up in Chinese leader Xi Jinping’s anti-corruption net. Last week’s scalp was Liu Shiyu, who until four months ago was still heading the China Securities Regulatory Commission (CSRC), the ...

Will China’s future answer to Stanford be based in Dongguan?
May 31, 2019 (WiC 454)

Such is the blizzard of announcements about new investment in the Greater Bay Area in southern China that some of the projects barely make it into media view. Someone who evidently knows how to cut through the noise is Xiao Yafei, the mayor of ...

Founder of UC Express and his wife found dead at their home
May 17, 2019 (WiC 452)

When it comes to shocking corporate statements, few will be worse than the one published by UC Express last week: its 47 year-old chairman Yu Lianbing, who founded the Chinese courier firm 10 years ago, was found dead in his home in Shanghai on ...

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