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Issue 257

WiC 257 (Oct 24, 2014)

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China’s new QE plan?

Economy, Talking Point China embraces securitisation as it tries to boost sagging real estate…

The Washington Post once remarked that Alphonso Jackson would be remembered as the cabinet secretary so committed to President Bush’s homeownership ...

Cooked up sales

China Consumer Alibaba embroiled in its first post-listing scandal

The first week that Costco opened its virtual storefront on Alibaba’s Tmall, it sold over 3 tonnes of nuts and 1.5 tonnes of dried ...

Tailored homes

Property Armani’s latest business: Chinese real estate

Giorgio Armani got the start-up capital for his fashion business by selling his Volkswagen car in 1975. Since then, the Italian designer has gone on to ...

Goodnight, sweet prince

Banking & Finance Levin Zhu resigns as CICC prepares for IPO

Before 2007 all the major American investment banks had Chinese-born stars. Goldman Sachs had Fang Fenglei and Morgan Stanley had Jonathan Zhu, for ...

Travel insurance

Economy Mainland tourists add insurance to shopping list

With Hong Kong’s Occupy protests now well into their fourth week, many businesses in the territory have become increasingly impatient. This Monday, a ...

The heart of China

Economy Wuhan officials embarrassed by a critical BBC documentary about the city

Wuhan’s ambitions for global status reached a new milestone on September 21 when the city hosted the first Dongfeng Motor Wuhan Open. For the past ...

Losing their lustre

Telecoms Sapphire screen producers hit by collapse of Apple’s Arizona supplier

The people of Liangzhu and Sanxingcun knew about sapphires long before the rest of us. Some six thousand years ago, the two tribes buried their most ...

Seen it before

Entertainment Chinese cinemas are rereleasing old classics to boost ticket sales

Which film has been reissued the most times? Snow White and the Seven Dwarfs must be a strong candidate (first made in 1937, it has ...

A problem stripped bare

Society A spate of violent street attacks by wives on mistresses

The images are disturbing. A young woman is stripped naked and beaten by four older women in broad daylight. The reason: she was said to be sleeping ...

Zhang Lanlan

Red Star "Military's most beautiful woman" becomes Xi Jinping's sister-in-law

Born to a working-class family in Chongqing, Zhang Lanlan, 34, was recruited by the People’s Liberation Army (PLA) choir when she was 15. After ...

Shades of grey

Society A worrying vision of China’s future exists in Rudong

According to China’s media the people of Rudong county in the eastern province of Jiangsu are famous for their longevity, their commitment to family ...

That sucks

Planet China Don’t drink and drive is well-known advice around the world. ‘Don’t…

Don’t drink and drive is well-known advice around the world. ‘Don’t drink and breast-feed’ is less common, although possibly because it’s ...

Let’s talk more

Sino-File “We should engage in dialogue without preconditions”

Japanese prime minister Abe Shinzo tells the Financial Times that he’d like to meet his Chinese counterpart Xi Jinping at the APEC meeting. Abe ...

Going with the grain

Cartoons Going with the grain

Forget ‘Bend it like Beckham’ – now it’s more a case of blending it like him. That’s because Diageo has signed up the former England captain ...

Furring the worst

And Finally Russia hopes for the best as Putin’s cat stalks Chinese chickens

"The greatness of a nation and its moral progress can be judged by the way its animals are treated.” Four years on from quoting Mahatma Gandhi at ...

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