194 « Week In China

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WiC 194 (May 24, 2013)

Too close for comfort?

Internet & Tech, Talking Point Apple and Foxconn had the perfect corporate marriage. Is it now…

Two of the firms that have featured most regularly in Week in China over the past four years aren’t even mainland Chinese: Apple, from the US, and ...

Energy & Resources Shock as a Hong Kong exchange closes

Exchanges are like casinos, places where the house rarely loses. So it is odd that the headlines in Hong Kong this week were about an exchange that’s ...

Banking & Finance Fine sees Ping An hit the headlines for the wrong reasons

For an industry that’s all about risk, there can’t be many brands more reassuring than Ping An. After all, its name means ‘safe and sound’ ...

Economy How accurate is Chinese trade data?

In the southern city of Shenzhen, business manager Liu Zhengwen says the situation is so dire that it “feels like 2008”. So perhaps it’s no ...

Justified expenses?

Rail & Infrastructure China Railway Construction pilloried for huge ‘entertainment’ budget

"Revolution is not a dinner party,” Mao Zedong declared in 1927. The quote – which is still widely used in China – has resonance today. ...

The people’s banker

Chinese Character The man who brought consumer banking to China departs CMB

China Merchants Group has always been a difficult organisation to pigeonhole within Beijing’s complex hierarchy of state-driven business ...

Out on the town

Entertainment Chinese starlets descend on Cannes Film Festival

When Hunan Satellite TV got starlet Zhang Ziyi to be a judge on its reality singing show The X-Factor: China’s Strongest Voice, it looked to ...

Sport Basketball owner prevented from selling team

Long before the Los Angeles Lakers became one of sport’s most popular franchises, the basketball team played in Minneapolis rather than California. ...

Don’t mention it

Society New restrictions on what teachers can tell students

China’s Communist Party has been a propaganda specialist from its earliest days. Back in the 1920s, it published a journal titled News of Bloodshed ...

Criminally stupid

Planet China We’ve all seen films about elaborately planned robberies, such as The…

We’ve all seen films about elaborately planned robberies, such as The Italian Job and The Thomas Crown Affair. But if a producer ever wanted to ...

Li’s passage to India

Cartoons Li’s passage to India

“For millenniums, the Chinese and the Indian civilisations have drawn splendour from each other through exchanges and made significant contributions ...

And Finally Why Milton Keynes has Hunan planners excited

Mention Milton Keynes to a British person and they probably will groan or make a joke about roundabouts or plastic cows. One of the so called ‘New ...