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Issue 236

WiC 236 (May 9, 2014)

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Economy, Talking Point China reacts cautiously to World Bank report on largest economies

The year in which Britain’s economy was overtaken by the United States is a matter for debate. Last week most newspapers were picking 1872 as the ...

Property plunge?

Property Bleak outlook from top real estate executive

After dinner speeches are supposed to offer a little light entertainment. But there was little to laugh about when top real estate executive Mao Daqing ...

Towering strength?

Telecoms Plans to hive off the mobile operators’ infrastructure assets cause confusion

It could herald the most significant reform in the telecom sector since the creation of a third mobile operator in 2008. Or it might end up meaning not ...

Steaming ahead

China Consumer Why is LVMH buying a restaurant chain that makes Chinese food?

A baozi (a steamed bun) shop in Chongqing won plaudits last year for the clever wordplay on its signage. The pun was around LV Bao. The Chinese ...

Battle of the bourses

Banking & Finance Shanghai rekindles stock market rivalry with Shenzhen

When the Shanghai Stock Exchange (SSE) banged its opening gong on December 19, 1990, trading on the Shenzhen Stock Exchange (SZSE) had already been ...

Pass the salt

Economy Is China preparing to dismantle its oldest monopoly?

"The state should not be competing with the people for profit.” So argued an official in 81BC as Confucian scholars tried in vain to dismantle the ...

Palace intrigue

Entertainment A dispute over plagiarism only serves to boost a drama’s ratings

She’s called “Taiwan’s queen of romance” and is a bestselling author. Qiong Yao, now 76, has sold millions of books – mostly in the 1980s and ...

Dethroned

Entertainment Fans of HBO hit complain about CCTV’s edits

It is easy to become confused while watching Game of Thrones. Just ask George R R Martin, the writer of the novels on which the HBO series is ...

Class wars

Society A new policy for Beijing schools hits property prices

How to devise a system that ensures every child has a fair chance of getting into a good primary school? This is the dilemma faced by Beijing and ...

Energy is power

Society Qigong fascinates celebrities

Qian Xuesen is remembered as the undisputed mastermind of China’s space programme (see WiC38 for our profile of the scientist). However, his legacy ...

Pucker it up

Planet China Pigs have been in the news lately after pork producer WH…

Pigs have been in the news lately after pork producer WH Group saw its IPO attempt fail last week (see WiC235). But a more positive story has emerged ...

When in doubt, drink Lafite

Sino-File “I usually drink Lafite. Since I know nothing about wine, I…

A candid admission by the tycoon behind Nanjing-based Sanpower, which recently bought the UK’s House of Fraser stores. Yuan Yafei struck a ...

London calling

Cartoons London calling

One of China’s most enigmatic business executives came out of the shadows last week to hold a press conference in Britain’s capital. Huawei’s ...

Corking idea

And Finally Aussie winemakers take on counterfeiters

At least half the wine sold in China is fake. A survey from Wine Intelligence magazine last year also found that fear of purchasing a shanzhai or ...

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