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Section

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Lavrov goes to China

ZTE exits five year ‘probation’, but Chinese firms wary as new sanctions bite
Apr 1, 2022 (WiC 579)

News last week that ZTE, the world’s fourth-largest maker of telecommunications equipment, is coming out of a longstanding legal straitjacket imposed by the United States government, soon had its shareholders swooning. The company’s shares ...

Bridging the gulf

Former Alibaba staffer thrives in the Middle East
Apr 1, 2022 (WiC 579)

What happens if you identify an operating issue that has cut deeply into your company’s profit? The best staff, of course, try to help their companies solve the problem. The most entrepreneurial ones, however, will turn it into an opportunity ...

Still keen to float

Amid oligarch superyacht seizures Ferretti persists with Hong Kong IPO
Apr 1, 2022 (WiC 579)

Money can’t buy you happiness, but it can buy you a yacht big enough to pull up right alongside it,” David Lee Roth, lead singer of the rock band Van Halen, once quipped. Big boat ownership has taken on a more troublesome turn in 2022, as ...

Shock in Shanghai

China’s financial capital is locked down
Apr 1, 2022 (WiC 579)

Is it possible to catch a rat in a crockery shop without breaking the porcelain? This is what Shanghai has been trying to do in containing the pandemic, according to Zhang Wenhong, head of the city’s Covid-19 clinical experts team. If that ...

Hydrogen fuel cell firm looks to list in Hong Kong
Apr 1, 2022 (WiC 579)

There were many firsts at the two Olympic gatherings in Tokyo and Beijing over the past 12 months, but one of the less remarked upon was the transport that ferried competitors and spectators around: hydrogen-powered vehicles. China and Japan ...

Charging into action

State-backed CALB joins EV battery rush and takes on Chinese leader CATL
Apr 1, 2022 (WiC 579)

For years, Gree chairwoman Dong Mingzhu made headlines as China’s most prominent female business boss, backed by her much-heralded career in manufacturing. Another candidate for the title of most influential businesswomen is Liu Jingyu, who ...

Exhausted parents offered ‘studycation’ packages
Apr 1, 2022 (WiC 579)

As Shanghai grapples with its worst outbreak of Covid-19 yet, reporting 3,500 newly transmitted cases on Monday, the government is splitting the city into two. Residents of Pudong went into a four-day lockdown starting on Monday. People in ...

Showing fatigue

Leading online salesman may part ways with Taobao Live
Apr 1, 2022 (WiC 579)

After Viya was fined more than $200 million for tax evasion in December, her livestreaming career, too, went up in flames. She has seemingly been wiped out from the internet; her social media accounts completely abandoned; and her former ...

The Oath of Love

New Tencent drama set to get 10 billion views
Apr 1, 2022 (WiC 579)

Since its debut on March 15, China’s latest hit show The Oath of Love has already accumulated over two billion views on Tencent Video, with some expecting the show to pass 10 billion views by the end of its run. The 29-episode TV ...

The politics of lockdown

Debates over Covid policies resurface as Hong Kong modifies its approach
Mar 25, 2022 (WiC 578)

In April 2003, the Chinese health minister and the mayor of Beijing were both dismissed for their mishandling of the deadly SARS outbreak. The mysterious infection is believed to have first been identified in late 2002 in southern China. But the ...

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