114 « Week In China

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WiC 114 (Jul 8, 2011)

Banking & Finance, Talking Point Collapse of financial firm exposes another major risk to banking sector

"It’s a proprietary strategy. I can’t go into great detail.” That’s what Bernard Madoff told Barron’s in 2001, as he sought to disguise his ...

China Consumer Biggest China supermarket group to IPO in Hong Kong

To say that Hong Kong’s IPO market is lacklustre at the moment would be an understatement. At least six companies have withdrawn or postponed their ...

China Ink A series of celebrations last week for the anniversary of the…

90 years young? Ninety years old but the Party is “still brimming with youthful vigour”, celebrated the China Daily. With the ...

Shipping Data from Chinese ports reveals slowdown

Two reports from the port sector are worthy of note this week. At first they look a little contradictory. But on reflection they offer two different ...

Rail & Infrastructure Japanese cry foul over Chinese high-speed trains

When it comes to on-time performance, Japanese trains take some beating: the average shinkansen (or bullet train) pulls into stations within ...

Economy SMEs in China are facing worse conditions than during the 2008…

Aoxia is eerily quiet. The garment exporting zone in Shenzhen once housed hundreds of busy factories, but the rumble of sewing machines has been ...

Economy Fewer Chinese to pay income tax – will it boost sentiment?

For most birthday celebrations, it is the birthday boy that gets the presents. But with the Chinese Communist Party marking its 90th anniversary last ...

China Consumer Nestlé to buy China candy firm

Paul Bulcke, chief executive of Nestlé, the world’s largest food company, declared in February last year that he expects revenues from emerging ...

Red Star Nicholas Tse

Born into a showbiz family – both his parents are famous actors in Hong Kong – Nicholas Tse left school at the age of 16 to devote himself to a ...

Investor Q&A Meet the man recommending small, illiquid China stocks to investors

"For my sins, I’ve been around far too long,” jokes old China hand, John Mulcahy. In his extensive and varied career Mulcahy has edited the South ...

Entertainment Wendi Deng’s debut film hits Chinese cinema screens

Wendi Deng is not your usual tai-tai. Since marrying Rupert Murdoch in 1999, she has been hard at work. As well as acting in an unofficial ...

Healthcare Famed Hunan hospital hits headlines for procurement scam

Two different approaches to complaining about the ever-present problem of graft surfaced last week. For 60 year-old Shandong villager Zhang Xiufang, ...

Society Can buy me love – in China

Late afternoon in June, and the East Lake beach in Wuhan was busier than ever. More than 60 women in bikinis were parading on stage. The audience ...

Planet China China’s billionaires have picked up a taste for expensive first growth…

China’s billionaires have picked up a taste for expensive first growth Bordeaux and aged whisky. Fuling Zhacai Group is hoping to add high-priced ...

Cartoons Red rollercoaster?

Henry Ford famously used to say you can have it any colour you want as long as it’s black. In Chongqing the same is true, but the only colour you can ...

And Finally Chinese build replica of idyllic Austrian village

Hallstatt has 923 inhabitants. The Chinese version may have quite a few more. The city of Huizhou has announced plans to build a clone of the ...