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Issue 228

WiC 228 (Mar 7, 2014)

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End of the one-way bet?

Banking & Finance, Talking Point Speculators caught off guard as renminbi rapidly depreciates

"If you have a bazooka in your pocket and people know it, you probably won’t have to use it,” Hank Paulson explained six years ago, as he asked ...

Beautiful exit

Chinese Character What does end of ‘political’ career mean for Liu?

The annual National People’s Congress of 5,000 or so lawmakers and political advisers is arguably one of the world’s more expensive government ...

Firm bids?

Banking & Finance Auction house IPO offers an insight into client defaults

Brian Sewell’s memoir The Outsider provides a fascinating insight into the workings of the British auction trade in the late 1950s and ...

Shoot ‘em up

China and the World Relations with Tokyo continue to worsen

Lin Hao is something of a celebrity. During the Sichuan earthquake in 2008, the 9 year-old was one of the first students to climb out of the rubble but ...

Russian roulette

China and the World Beijing walks diplomatic tightrope over Ukraine

What does the ‘Workshop of the World’ think about what’s going on in the ‘Breadbasket of Europe’? Until very recently China’s position ...

Kunming terror

Economy Anger at foreign reaction to railway attack

At approximately 9pm last Saturday evening eight men and women dressed entirely in black and armed with axes and knives entered Kunming railway station ...

Fantasy worlds

China Consumer Chinese theme park prepares Hong Kong listing

It took just two years to construct Hong Kong’s Disneyland but seven more before the theme park stopped bleeding cash and went into the black. In ...

Ironic air

Society Smog inspires wave of jokes

Back in December, when China’s smog levels wafted their way to record highs, the state-run broadcaster CCTV tried to put a positive spin on the ...

Sohu gets a good deal

Entertainment Wang Qishan’s favourite TV show is proving a big hit in…

When Kevin Spacey played Richard III in the Shakespearean play, he mastered the art of confiding to the audience with asides and soliloquies. ...

Adios, au revoir and arrivederci

Sport China announces new football coach and big sponsorships

Profundity is not a quality often associated with football managers, especially in a week in which Newcastle boss Alan Pardew head-butted an opposition ...

Dopehead

Planet China Regular readers of this column may wonder if WiC is on…

Regular readers of this column may wonder if WiC is on a quest to find China’s stupidest criminal. Remember the car thief who couldn’t drive (see ...

No pension, yet

Sino-File “I’m not considering retirement”

Hong Kong tycoon Li Ka-shing at Hutchison Whampoa’s results announcement last Friday. Li will be 86 later this year. He explained his ...

Belting up

Cartoons Belting up

China’s notoriously detailed Highway Code hardly lacks rules. But until now there has been no stipulation that young children need to travel in ...

Basic instincts

And Finally Public irked by fresh news of official misconduct

The “beauty trap” is one of the 36 stratagems in Sun Tzu’s The Art of War. The tactic involves sending beautiful women into an enemy’s ...

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