Economy « Week In China

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Economy

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How demographic trends are shaping the future
Apr 18, 2019 (WiC )

“Fewer and better births, a service to the nation” was the command from the Chinese authorities not much more than a decade ago. How times have changed: Beijing is now in a battle to boost the birthrate. The Chinese have had a major ...

Japanese firms leave China, but supply chains are set for a bigger overhaul
Apr 12, 2019 (WiC 448)

When Sony first set up shop in China in 1996, globalisation was in full swing and the world was getting to grips with an exciting new technology called the digital versatile disc, or DVD. Just over two decades later and Sony is on the move ...

Local tycoons unsettled as Hong Kong tries to change extradition rules
Apr 12, 2019 (WiC 448)

Exiled former Thai prime minister Thaksin Shinawatra and his family have been spotted in Hong Kong from time to time. Last month, the billionaire was said to have thrown an extravagant wedding for his daughter. But he might think twice about ...

Succession issues at stake for tycoons in Hong Kong and mainland China
Mar 29, 2019 (WiC 446)

Hong Kong’s most valuable real estate firm Sun Hung Kai Properties (SHKP) was co-founded by three Guangdong natives in 1963. The trio included Kwok Tak-seng and Lee Shau-kee. The latter would split off to start a new firm, Henderson Land, in ...

Business bosses lament the death of an iconic cigarette entrepreneur
Mar 15, 2019 (WiC 444)

A front page headline in the China Daily on Monday proclaimed that “Xi backs private companies”. The message is a familiar one, especially at a time when the Chinese leader’s government has tried to reaffirm its commitment to private ...

Shenzhen’s economy officially overtakes Hong Kong
Mar 8, 2019 (WiC 443)

In 1984 paramount leader Deng Xiaoping visited the then nascent city of Shenzhen – the former fishing village designated a special economic zone. On his return to Beijing he coined the term “Shenzhen speed” telling his colleagues ...

What were the policy signals from the Two Sessions meetings?
Mar 8, 2019 (WiC 443)

The Chinese government is no fan of hip-hop culture (see WiC393) although that didn’t stop it from putting together a five-minute rap to coincide with this week’s Two Sessions, the term used to describe the country’s annual parliamentary ...

Liu He titters, but Trump says a trade deal is closer
Mar 1, 2019 (WiC 442)

Press conferences held in Donald Trump’s Oval Office tend to be lively affairs. Case in point was a televised gathering last Friday where Trump doled out a very public dressing-down to his chief negotiator in the Sino-US trade talks: Robert ...

Why private sector business owners are worried
Mar 1, 2019 (WiC 442)

A court case in Shaanxi earned widespread attention last month following a senior judge’s complaints that government officials were meddling in the legal dispute over a major coal mining deal. Shortly before Wang Linqing was set to give his ...

GBA blueprint is unveiled and promises the world’s most dynamic zone
Feb 22, 2019 (WiC 441)

The rankings of the world’s top ‘bay area’ economies have long featured three main contenders. San Francisco’s claim to fame is its world-beating tech firms, clustered around Silicon Valley; while New York’s bay is at the centre of the ...

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