281 « Week In China

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WiC 281 (May 15, 2015)

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China and the World, Talking Point Washington watches on as Russia edges closer to China alliance

In 1941 a Chinese leader tried to warn Stalin that his country was about to be invaded by a Nazi army. According to Jay Taylor’s book The ...

Banking & Finance Buffett welcomes a record China delegation to Nebraska

Many Chinese stock investors will be familiar with a spoof song that went viral on the internet in 2008. Taking an existing melody, an anonymous ...

Healthcare Are the authorities now going after foreign medical equipment makers?

In March 2013 an anonymous insider alleged that GlaxoSmithKline’s research head in China had fabricated data published in the scientific journal ...

China Consumer Breweries bemoan falling consumption

In China, going out boozing with clients and colleagues is often seen as an essential skill for career advancement. Some bosses even call openly for ...

Society A kidnap in Hong Kong sparks concern among the rich

When the commissioner of the Royal Hong Kong Police Li Kwan-ha retired in 1994, he was hired by Li Ka-shing to advise on security matters. Apparently ...

Auto Industry Daimler the latest to pay penalty in China

China’s domestic newspapers reported that it was a forlorn and desultory bunch of protesters that gathered in Shanghai last month. Their faces were ...

Who’s Hu Sihuan Pharmaceutical

When a drugmaker has military ties, it often invokes conspiracy theories. But in China they have seen the transformation of a military medic into a ...

Entertainment Major New York exhibition and society event get a China theme…

In 2007, fashion house Fendi reportedly spent $10 million to host a flashy exhibition on the Great Wall. Four years later, Prada flew over 30 models, ...

Society Huayi Brother boss buys Picasso painting

A busy (and costly) week for Chinese tycoons in the global art market. Sotheby’s revealed that the buyers of a Picasso and a Monet were both movie ...

Planet China The politics of parasols were back in the news last week,…

The politics of parasols were back in the news last week, after an image went viral on weibo of a Shanghai school pupil holding an umbrella over his ...

Cartoons Barbie blushes

Over the years WiC has reported on several major frauds in China, but a recent case involving US toymaker Mattel has got local media pretty excited ...

Sino-File “We need to work with our allies in that region to…

Former Hewlett Packard boss and US presidential hopeful Carly Fiorina says she would take a tougher line with Beijing over disputes in the South ...

And Finally Huge Chinese sales team turns up in France

Trevor Gray, who wrote the management tome Simplicity Is the Key, says that the best bosses share similar attributes: they inspire confidence; ...