Section

The visible hand

Government announcements are still key for Chinese stocks
May 29, 2009 (WiC 17)

Last week was one for reminiscing about former stock market glories, as far as much of the Chinese financial press was concerned. In particular it was a celebration of “5:19”; a 19th May 1999 statement from the China Securities Regulatory ...

China’s most wanted?

Why some of the nation’s richest men have been caught in bribery scandals
May 22, 2009 (WiC 16)

Wasn’t getting rich supposed to be glorious, in Deng Xiaoping’s view? Yes, and on the face of it, this should make inclusion in the three leading China “rich lists” publications – one produced by Forbes magazine, and the other two by ...

Pots of controversy

Does a traditional herbal tea lead to gastric ulcers?
May 22, 2009 (WiC 16)

In the short life of Week in China, we have already written frequently about food safety. WiC6 featured a three page Talking Point on the subject (‘Sick of bad food’), for instance, and WiC8 looked at the dilemma of celebrities endorsing ...

Over the cuckoo’s nest

Are one in 13 Chinese mad?
May 22, 2009 (WiC 16)

The Ministry of Health blamed it on “mass hysteria”, reports Caijing magazine. Absent evidence of contamination there was no other plausible way to account for the panicky hospitalisation of hundreds of factory employees at a Jilin chemical ...

Forbidden love

Why is China so prudish?
May 22, 2009 (WiC 16)

China’s first sex-themed park is being demolished – before it’s even been opened. Love Land – located in the entertainment zone near Chongqing – was scheduled to open in October. But it won’t be welcoming any visitors. A Chongqing ...

It’s a swill life

China’s “hero” pig makes the news again
May 22, 2009 (WiC 16)

If the swine flu pandemic is dampening China’s love affair with pork, no one is telling Zhu Jianqiang – the nation’s porcine heroine. Zhu Jianqiang, meaning strong-willed or persistent pig, earned national affection after surviving for ...

Skulling it

One of American’s oldest secret societies is reborn in Shanghai
May 22, 2009 (WiC 16)

Henry Luce took the nickname ‘Baal’, Averell Harriman was ‘Thor’. George W Bush couldn’t think of a name himself, and so was christened ‘Temporary’. These and other prominent American men were members of the highly exclusive ...

Shock and ore

The shipping news is glum, but China’s ports hope for a turnaround
May 22, 2009 (WiC 16)

There have been boom times before. Quanzhou, a Song dynasty port on the Yellow Sea that first began to flourish a thousand years ago, attracted traders from great distances, writes James Delgado in Khubilai Khan’s Lost Fleet. “Nowhere in the ...

The new rock stars

Hard to believe, but economists are the ‘hot ticket’ in China these days
May 22, 2009 (WiC 16)

According to Confucius, “Ignorance is the night of the mind, but a night without moon and star.”  If you are looking for stars in China today, look no further (surprisingly) than economists. They have become celebrities. And in one of the ...

Chen Fashu’s liquid asset

He made billions in gold and is now investing in China’s biggest brewery
May 22, 2009 (WiC 16)

He has been called China’s Warren Buffett, thanks to his savvy investments. And he was making news again last week when he made a surprise acquisition of a stake in Tsingtao Brewery – China’s best known beer company. Chen Fashu is ...

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