147 « Week In China

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WiC 147 (Apr 30, 2012)

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Media State-owned newspaper IPO surges

Like many unlikely stories from the media world, this one began with Rupert Murdoch. As told by Bruce Dover in Rupert Murdoch’s China ...

China and the World, Talking Point As Argentina seizes control of YPF, China avoids an M&A catastrophe

"No one in their right minds” will want to invest in Argentina now, warned Felipe Calderón, Mexico’s president, after Buenos Aires nationalised ...

Entertainment Why Beijing’s DMG has attracted the attention of Hollywood

Another tycoon is on his way to China, although this one has a gold-titanium alloy heart. According to Disney, the third instalment of the Iron ...

Energy & Resources In a breakthrough, a private company will start importing oil from…

Pipeline politics were top of the agenda this week as South Sudan President Salva Kiir Mayardit arrived in Beijing to seek Chinese support in a dispute ...

Banking & Finance Chongqing probe sees local bank shares plummet

Last year, during one of the periodic spasms of the European debt crisis, China played down hopes that it might help out some of the PIIGS, the ...

Internet & Tech Tencent taken to court over alleged monopoly

It is the classic tale of David taking on Goliath. Last week Qihoo 360, an antivirus software maker, brought a lawsuit against Tencent, China’s ...

Economy Why Shandong Helon is in the financial spotlight

One of the heroes of Oscar-winning Chariots of Fire was Eric Liddell, the Scottish runner who won the 400m race at the 1924 Paris Olympics. ...

Banking & Finance Private lender gets reprieve

It only happens in about 15% of the death sentences that it reviews, but last Thursday China’s Supreme Court awarded a stay of execution. The ...

Who’s Hu Yang Yuanqing

Yang Yuanqing was born in Anhui province in 1964 and graduated from the University of Science and Technology of China in 1989 with a Masters degree in ...

China and the World Chinese investors pile into first Cambodian IPO

By the finish of the first day of trading at the new Cambodian Securities Exchange on April 18, shares in the country’s first ever IPO – the Phnom ...

China Consumer Here we go again… another China food scare. This time gelatin

Last week CCTV reported that 13 commonly-used drugs were being encased in capsules made from industrial gelatin, which is hazardous to human health. As ...

Red Star Shang Wenjie

Shang Wenjie, who majored in French at Shanghai’s Fudan University, worked as an interpreter before gaining national fame in 2006 as the winner of ...

Banking & Finance Shide denies financial trouble

The ‘Bo Xilai economy’ is under strain, and not just in Chongqing, the municipality he ran until recently. Bo’s connections to Dalian and its ...

Internet & Tech Baidu exits e-commerce

Just because a company has achieved monopoly status in one market (see previous story) doesn’t necessarily mean that it will find success ...

Planet China As the 12th Beijing Auto Show kicks off this week, a…

As the 12th Beijing Auto Show kicks off this week, a record 1,125 vehicles will be on display from carmakers. But one model that won’t be in the ...

Cartoons Mayors go for Mandarin

With the London’s mayoral election looking tight, the two main candidates have both opened Sina Weibo accounts to try to connect with the city’s ...

And Finally Watch out for falling glass in Shanghai

If there was a signal moment when Chinese cities began to transform into the shiny, modern (and some might add soulless) conurbations that one sees ...