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WiC 108 (May 27, 2011)

Accounting tricks

Banking & Finance Why US stock markets may shun Chinese firms

At a recent lunch with venture capitalists, the Hong Kong tycoon Ronnie Chan asked – apart from cash – what VCs were contributing to the companies ...

Will it be a hard landing?

Economy As China battles inflation, economic predictions have become pessimistic

"Even if a minefield or the abyss should lie before me, I will march straight ahead without looking back.” Bold words once uttered by Zhu Rongji, ...

Energy & Resources, Talking Point State Grid is about to make the single biggest investment ever

Uncover a major political controversy, and the English-speaking media will often try to add a ‘gate’ to it. The original ‘gate’ – Watergate ...

A new spice trade

Agriculture Why India is next stop for pepper entrepreneur

Most entrepreneurs like businesses where they control a commodity no one else has. Competition is the last thing they want to encounter. Hebei’s ...

Banking & Finance Little appetite for CDS in China

Last year China embraced one of the more controversial innovations in modern finance – the credit default swap. “Love them or loathe them,” WiC ...

Logistical nightmare

China Consumer The hidden costs for China consumers explained

According to the American Trucking Associations, moving goods by truck in the US costs about $1.75 per mile. That includes driver salaries, truck ...

Sport Carson Yeung’s English football team gets relegated

As China buys up the world, there’s at least one asset that its business bosses may want to avoid: an English football club. That’s the lesson ...

Dickensian diet

Society Kindergarten in Zhuhai has kids on starvation rations

For breakfast they were treated to a bowl of plain porridge; for lunch it was rice with a few vegetables. If they were hungry in the afternoon, six of ...

SinoPacific Shipbuilding

Who’s Hu Liang Xiaolei

Liang Xiaolei’s first forays into business were with his father Liang Guangfu, a former military man. In 1995, they established Linhai Evergreen ...

Party celebrations

Entertainment The coming months could prove dull for Chinese television viewers

Propaganda season is in full flow – and it’s hitting the TV schedules. Early this month Beijing ordered satellite TV networks to take dramas about ...

Not a lotta bottle

China Consumer If you can’t raise the price, the solution is to reduce…

When Ms. Fan, a shopper in Shanghai, opened the bottle of fruit yogurt, she was surprised to find that it only filled two-thirds of the container. Not ...

Planet China Hollywood has written many scripts on messy break-ups, but few could…

Hollywood has written many scripts on messy break-ups, but few could compare with a recent case in Jilin province. A 22 year-old woman in the city of ...

Cartoons London calling

Chinese visitors need a visa to travel to London, but they no longer need a Visa card to shop in Harrods. The world-famous department store in ...

And Finally Founder of China’s Great Firewall faces abuse

"A place or attitude of retreat, especially a preoccupation with lofty, remote or intellectual considerations rather than practical ones.” The ...