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Headline news on the Greater Bay Area’s cities and companies

Here’s a selection of Week in China’s stories from the GBA, which is fast emerging as one of the world’s leading economies. For a free subscription to WiC’s digital magazine, which keeps track of news from China in general, click here

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What do the big policy announcements on Qianhai and Hengqin mean?
Sep 17, 2021 (WiC 556)

Sometimes it’s easier to breathe new life into a city by rebuilding it from scratch or moving it to an entirely new area. These scenarios can give metropolitan planners more freedom of manoeuvre. Resistance from vested interests can be less ...

The right chemistry

Guangzhou government and Israeli experts see success with biotech VC fund
Jul 2, 2021 (WiC 547)

The first synagogue in China was built during the Northern Song Dynasty (960-1127) in the then imperial capital of Kaifeng (in today’s Henan province). It was central to a small community of Jews believed to have arrived in the city from Persia ...

Go with the flow

Wealth Connect set to launch in GBA market
Jun 4, 2021 (WiC 543)

What happens when some of mainland China’s wealthiest households get new access to investment opportunities in Hong Kong? Hundreds of newly employed wealth management staff at Hong Kong’s banks are about to find out, with the launch of the ...

Where the unicorns roam

InvestHK’s David Wong discusses the growth opportunities of the GBA
May 28, 2021 (WiC 542)

The Greater Bay Area (GBA) is a vibrant region of southern China that encompasses nine cities in Guangdong province – including Guangzhou and Shenzhen – and Hong Kong and Macau. Chinese policymakers are pushing deeper integration across ...

Time to take stock

Who will head Hong Kong’s bourse – now more valuable than those in US
Jan 15, 2021 (WiC 524)

In Chinese mythology, dragons symbolise great power. They wield it as the deities of moving water and can generate both floods and typhoons. Right now a very large ‘red’ dragon can be spotted in Hong Kong, thanks to a flood of capital ...

Ready for a reshuffle

Calls for shareholder changes at MGM; Macau gaming great Adelson dies
Jan 15, 2021 (WiC 524)

Sheldon Adelson, the founder of gaming giant Las Vegas Sands, was pretty unimpressed when he first laid eyes on the city that would make him one of the richest men in the world. “Prostitution infested, crime infested, triad infested,” he ...

Flying into the storm

New Hong Kong airline launch looks contrarian
Oct 30, 2020 (WiC 516)

Is it madness or a masterstroke? Aviation insiders hold different views on the plan for Greater Bay Airlines to become Hong Kong’s newest carrier next year. In one camp: those who see any attempt at starting an airline amid the worst ...

Life begins at forty

President Xi tours Shenzhen to celebrate city’s major milestone
Oct 23, 2020 (WiC 515)

You start out with a remote fishing village and then you add free markets, hardworking people and buccaneering entrepreneurs. What do you get? Surging growth and the emergence of an economic powerhouse that becomes the envy of its peers. If ...

The bleak outlook for China’s ATM makers
Aug 28, 2020 (WiC 508)

The automatic teller machine was the greatest banking invention ever, former Federal Reserve Chairman Paul Volcker once remarked. The first ATM machine to be installed in China appeared in 1987 in Zhuhai’s special economic zone. That was ...

Factory farewell

Why Johnson Electric’s departure from Shenzhen is symbolic
Jun 19, 2020 (WiC 500)

The Wang family behind Johnson Electric have a long history of riding the ups and downs of southern China’s manufacturing sector, dating back decades to the time when the People’s Republic of China was founded in 1949, and the family first ...

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