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Issue 230

WiC 230 (Mar 21, 2014)

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Going private

Economy, Talking Point Is state capitalism starting to retreat in China?

One of the main economic themes in China over the last few years was guojinmintui – a phrase that translates as “the state advances as the ...

Shanghai surprise

China Consumer Why Victoria’s Secret is unhappy with China sales

Victoria’s Secret was started in San Francisco in 1977 by Roy Raymond, who felt embarrassed buying lingerie for his wife and wanted to provide a ...

The heavyweights bulk up

M&A Yet more acquisitions from Alibaba and Tencent as they add punch

Tencent’s chairman Ma Huateng had to take two weeks off this month to recuperate from a bad back. First, it meant that the 42 year-old skipped the ...

Meet the press

Economy Reporters quiz prime minister on GDP targets

"Only a sharpened axe can cut through firewood,“ was Li Keqiang’s advice last week, using a Chinese proverb to describe the challenges ...

Just not clicking

China and the World Nikon the latest target of anti-Japanese mood?

The world has been more focused on events in Ukraine over the last two weeks. Less in the public eye is that relations between China and Japan are ...

A capital idea

Banking & Finance Private banking licences allotted, but not to Suning. Why?

In another key moment for financial sector reform, the chairman of the China Banking Regulatory Commission Shang Fulin has announced that 10 private ...

Letter from the Editor

Others How will events in the Crimea impact China? Share your view

Dear Week in China readers, Crimea has often been a source of tension, most famously during the war fought there in 1853 between the ...

Game for it

Internet & Tech The next battleground for consoles is China

Microsoft is bringing out the big guns – literally – in its latest battle with Sony. After months of waiting, the software giant has unveiled ...

The plot thickens

Chinese Character Why China’s movie impresario has sold out to Alibaba

Founded by the Weinstein brothers in 1979, Miramax started out with modest plans to produce and distribute independent movies with non-traditional ...

Divorced from reality?

Entertainment Movie of the moment may spur tourist surge to Jerusalem

Newly divorced and feeling depressed, writer and journalist Elizabeth Gilbert decided to take a journey to Italy, India and Indonesia. On the trip she ...

News blackout

Society Why no one in China knew 30 died in a tunnel…

News blackout Why no one in China knew 30 died in a tunnel blaze In late 2002, whilst China’s ruling Communist Party was in the midst of a ...

Chips and peas, not caviar

Society British husband turns his back on Chinese billionaire spouse

There’s no evidence that Deng Xiaoping ever uttered the immortal line ‘to get rich is glorious’ any more than Rick really told Sam to ‘play it ...

A bitter pill

Planet China Children complaining about sore stomachs at breakfast might be trying to…

Children complaining about sore stomachs at breakfast might be trying to play truant. But what if they are telling the truth? And what if their school ...

Bye-bye to Baba

Sino-File “Everything has a cost. Our persistence has a cost too”

Hong Kong stock exchange boss Charles Li on losing Alibaba’s $16 billion IPO to New York. He told the South China Morning Post that a review of ...

Flying visit

Cartoons Flying visit

There will be meetings but no tweetings. That was the message from Twitter execs on news that the firm’s chief executive had embarked on his first ...

The golden horde

And Finally Musical masses overwhelm Viennese concert hall

"Talking about the concert frenzy in the Golden Hall, I have set a bad example,” admitted Song Zuying, China’s best-known folk singer. We first ...

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