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Issue 218

WiC 218 (Nov 29, 2013)

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Airing old grievances

China and the World, Talking Point Beijing’s new defence zone leads Washington to send in the bombers

The people of Japan awoke last week to the news that they had a new island. The result of volcanic activity, it had arisen from the ocean 970 ...

“No, Mr Murdoch”

Media & Gaming Meet the dealmaker shaking up China’s media

Rupert Murdoch once tried to persuade Li Ruigang, now chairman of the state-backed fund China Media Capital (CMC) to be his chief executive at Star ...

Bit between their teeth

Banking & Finance Why has China caught the Bitcoin bug?

"Our currency but your problem” was how John Connally phrased it in 1971, as European finance ministers expressed concern at Washington’s decision ...

What lies beneath?

Energy & Resources Pipeline blast leads to recriminations

Forty years ago China’s largest oil refiner Sinopec began building a depot on Huangdao, a small headland that sits on the other side of the bay from ...

Locke out

China Ink Gary Locke, the American ambassador to China, is to leave the…

Why is he leaving? The Beijing News doubted that Locke was leaving for purely family reasons, saying it was more likely that he was ...

Dai’s rand plan

Property Tycoon reveals multi-billion African project

In 2010 Shanghai Zendai grabbed headlines when it paid Rmb9.2 billion ($1.51 billion) for a patch of empty riverfront just south of the Bund, ...

Toread

Who’s Hu Sheng Faqiang & Wang Jing

While Sheng Faqiang stays in the office, his wife Wang Jing (pictured below) promotes their sports gear brand by climbing the world’s highest ...

Holiday viewing

Entertainment The busiest time for Chinese cinema starts next week

"The statistics are terrifying,” the actor Michael Simkins told the Guardian. “Something like 92% of those in the acting profession are out of work ...

They need re-educating…

Society Closure of hated labour camps is welcomed

Spare a thought for the 900 undergraduates at China’s Central Institute of Correctional Police currently studying for degrees in ‘re-education ...

That Fellow Lang Lang

Entertainment WiC reader David Dean watches Oxford’s newest honorary fellow Lang Lang…

Earlier this month Lang Lang performed to more than 5,000 ecstatic patrons at London’s Albert Hall. Less obvious was why his next gig was in a small ...

Coughing up

Planet China China’s central government is trying to come up with a better…

China’s central government is trying to come up with a better system to measure performance among its millions of employees. But it has never been ...

Putting the effort in

Cartoons Putting the effort in

Golf was banned in China until the 1980s for being too bourgeois. Regulators still don’t like the idea much and technically new courses are banned as ...

Hybrid thinking

Sino-File “We’re convinced that for the next five to 10 years this…

Jochem Heizmann, CEO of Volkswagen China, says the carmaker will launch at least 15 plug-in hybrid and electric cars in China by 2018, producing ...

Catch them young

And Finally China pioneers business education – for kids

Since Harvard offered the world’s first master of business administration qualification in 1908, the number of MBA programmes has never stopped ...

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