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Issue 262

WiC 262 (Nov 28, 2014)

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A crude point of view

Energy & Resources, Talking Point China may benefit from cheaper oil but will its energy firms…

A little over a decade ago officials from the Organisation of Petroleum Exporting Countries (OPEC) were talking glumly about oil prices falling as low ...

Wish you were here

Media & Gaming Why has LeTV boss Jia Yueting been abroad for five months?

In 2007 Canton Properties went public on London’s Alternative Investment Market (AIM). This was deemed important enough that when Gordon Brown opened ...

Back at the table

And Finally Former Lehman boss surfaces in China, with an ambitious new IPO…

On June 11, 2008 Dick Fuld had lunch with five of Lehman Brothers most senior investment bankers. That morning the firm’s stock had fallen 21% and ...

Muscle flex

Internet & Tech Conference celebrates ‘China’s internet’

The World Internet Conference that took place last week revealed a few nuggets about the personal habits of China’s web tycoons. During the three-day ...

Air defence

Environment Other cities want to copy Beijing’s success and turn their skies…

What does APEC stand for? In China it has come to mean “Air Pollution Eventually Controlled”. The recent summit of Asia-Pacific leaders in ...

Tycoon tussle

Property Greentown’s former owner is in dispute with its buyer Sunac

It is notoriously difficult for entrepreneurs to let go of the companies they build. Take Bill Gates. He relinquished his role as Microsoft’s chief ...

Diverse culture

Property Evergrande buys media firm

Sometime around 2008, Albert Yeung, a Hong Kong businessman who owns entertainment-to-property firm Emperor Group, brought Evergrande boss Xu Jiayin to ...

Italy for sale

China and the World Are the Chinese the new merchants of Venice?

In the first century AD, the Roman commentator Pliny the Elder complained bitterly about the gold flowing east to pay for silk from the Seres (silk ...

A time for sharing

Economy Signs that state firms are introducing staff ownership schemes

Forbes magazine ranked Xi Jinping as the third most powerful person in the world this month, behind Vladimir Putin and Barack Obama. But the Chinese ...

Rent seeking

Banking & Finance China finally readies itself for REITs

Dubbed “the godfather of China’s real estate industry”, Meng Xiaosu has been lobbying since 2005 for the introduction of real estate investment ...

An unlikely hero

Entertainment Reaction to movie star’s death bucks the anti-Japan trend

Like the stoic character he so often played on the big screen, Ken Takakura’s death was kept low profile. In fact, it wasn’t until a week after the ...

Beam me up

Society China’s growing love for science-fiction books and films

The author Isaac Asimov thinks that the first science fiction novel was written in 1608. Penned by Johanes Kepler, a German mathematician and ...

Feeling sheepish

Planet China Receptionists at the Hanting Hotel in Xi’an were immediately suspicious when…

Receptionists at the Hanting Hotel in Xi’an were immediately suspicious when two travellers surnamed Chen and Xu tried to check in. They were ...

Router plan: driverless travel

Cartoons Router plan: driverless travel

Long before he plunged into the Californian waves to save drowning swimmers, actor David Hasselhoff starred in another popular show. It was called ...

Taking the lead

Sino-File “Our first-ever export was to China. It was 123 years ago…

BHP Billiton’s chairman Jac Nasser tells shareholders that next month will be historic for the mining giant as it ships its billionth tonne of ...

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