162 « Week In China

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WiC 162 (Aug 31, 2012)

Shipping, Talking Point Insider trading scandal signals more pain for troubled shipyard Rongsheng

For a company at the centre of an insider trading investigation, Well Advantage seems an apt name. The Hong Kong firm has caused some embarrassment ...

China and the World Mining boss says North Koreans don’t play fair

The expectation of bribes, having to foot the bill for interminable banquets with officials, worthless contracts and – ultimately – the ...

Entertainment Zhejiang TV pays for rights to show – and ends up…

When The Voice made its debut in Holland in 2010 and became the most popular show in the country, NBC took heed. The network bought the rights ...

Economy Local governments unveil massive new plans to spend on infrastructure

Last week, three people died when one of the longest bridges in northern China suddenly collapsed beneath them. Liu Guodong was one of the lucky ...

Property Gome offloads property as it heads towards a loss

When the Chinese refer to something as a ‘chicken rib’ the suggestion is that the item in question is being given up with some regret, even though ...

Chinese Character Property tycoon earns online praise for outspoken views

What does property developer Ren Zhiqiang have in common with both former US President George W Bush and current Chinese Premier Wen Jiabao? Easy. ...

Economy Lay-offs are on the rise as economy slows

When Google acquired Motorola last August, China’s anti-monopoly regulator took its time to review the deal. Some suspected foot-dragging motivated ...

Environment New book dissects China’s environmental failings

"To struggle against the earth is endless joy,” or so goes a line penned by young poet, Mao Zedong. Those words turned out to be prophetic. Many of ...

Entertainment Top film duo split up; and one wants to know why

Breaking up is hard, even if you are the one orchestrating the break-up. Zhang Yimou, one of China’s best-known filmmakers, has learned this first ...

Society Chongqing’s ‘Billy the Kid’ finally gunned down

It was the early hours of August 14 and a police task force was readying to strike. Their target was 42 year-old gunman Zhou Kehua – one of China’s ...

Planet China Beauty pageants can sometimes be controversial in China. But officials from…

Beauty pageants can sometimes be controversial in China. But officials from Shanyin County in Shanxi province probably had little idea that they would ...

Cartoons French floored by China bidder

As stunts go, it was an expensive one. Wine lovers might even call it barbaric. Last week a Beijinger bid at auction for two bottles of rare Domaine ...

And Finally Yiwu inventor launches modern day Ark, targeting billionaire buyers

Aafter the great flood, Noah’s Ark is said to have come to rest on the tip of Mount Ararat, at the far eastern end of modern-day Turkey. So says the ...