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Issue 279

WiC 279 (May 1, 2015)

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The speculative state

Economy, Talking Point Swirling rumours in the official media push Chinese stocks higher

Rumours often move markets. Take Corona Extra, which had seen five years of phenomenal growth in the United States in the period before 1987. Then ...

ZTE sues rival

Telecoms Chinese handset makers in patent skirmish

Last year ZTE’s Nubia smartphone received an unexpected celebrity endorsement. That occurred when China’s First Lady Peng Liyuan was spotted ...

The future’s orange?

Economy Hotel entrepreneur asks Li Keqiang to do more for private businesses

As readers of this week’s World of Weibo column will know, farewell letters have been making the news in recent weeks. The resignation note of ...

Clouds gather

Banking & Finance More to come after the first SOE default?

When Hank Paulson says that China is likely to face a debt-fuelled crisis, the world – or, at the very least, the world’s bond investors – should ...

New bottles for old wine?

Banking & Finance Why listed firms are busy renaming themselves

In 2006 a Hong Kong-listed firm called Credit Card DNA Security told shareholders that it would be renaming itself as Smart Rich Energy. The switch ...

More fizz, please

M&A China Resources Enterprise sells its supermarkets to focus on beer

Sometimes, hitting the bottle really helps. That was the lesson for shareholders at Hong Kong red-chip China Resources Enterprise (CRE) last week, when ...

Sizzling sales

Agriculture British farms enjoying pork boom in China

Fancy a slice of Devizes pie? Typically eaten cold, the traditional dish from Britain’s West Country consists of sliced calves brains, pickled ...

The football season

Entertainment President’s policy focus on soccer spawns a series of sporting dramas

Until this year, the closest that China had come to a footballing blockbuster was Shaolin Soccer, the story of a group of monks who take their brand of ...

Call my bluff

Society Is poker a ‘sport of the mind’, or just gambling?

Hong Kong jewellery retailer Chow Tai Fook must have thought it had pulled off a marketing masterstroke by sponsoring the Nanjing Millions event, a ...

Better hosts

Entertainment Mainland star’s Cantonese wows Hong Kong’s Oscars

In search of a younger television audience, the producers of the 83rd Academy Awards tapped James Franco and Anne Hathaway to be co-hosts of the Oscars ...

Gu goes, gracefully

World of Weibo Gu goes, gracefully

It is not often that a resignation letter is praised as poetry. But in the case of Gu Shaoping, a high school teacher from China’s central Henan ...

The mayor of meth

Planet China In early April, WiC reported that a group of middle-aged women…

In early April, WiC reported that a group of middle-aged women were caught taking ketamine in a local karaoke joint. Last week, a politician in Hunan ...

Time to recharge

Sino-File “In a lot of ways I think we have been a…

Ricardo Reyes, Tesla’s head of global communications, speaks to media at the Shanghai Auto Show. Responding to news of disappointing sales for ...

Apples everywhere

Cartoons Apples everywhere

Getting the China market right is an issue we have followed– in respect to tech giant Apple – since WiC89. And the company’s most recent ...

Cliff hangers

And Finally Is this the world’s most dangerous construction job?

When John D Rockefeller Jr wanted publicity for his soon-to-be-completed RCA Building in the 1930s, he commissioned photos showing the fearlessness ...

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