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Issue 289

WiC 289 (Jul 10, 2015)

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Among the ruins

China and the World, Talking Point Greece debacle may hit Silk Road plan, but it could prompt…

"We really need a new word for crisis,” a Greek journalist told The Spectator magazine last week. “A crisis isn’t supposed to go on as long as ...

The big dipper

Banking & Finance Another week of stock market turmoil – did the third board…

On September 16, 2008, many of the daily newspapers in the US looked like clones. The headline story, obviously, was the collapse of Lehman Brothers. ...

Unhappy meals

Cross Strait Why McDonald’s is selling its Taiwan unit

In 1978, during a trip to Las Vegas, Taiwanese businessman David Sun tried McDonald’s for the first time. The experience was so exciting that the ...

Three’s a company

China Consumer Li & Fung joins forces with two veteran Chinese retailers to…

As the Chinese proverb warns: “No banquet in the world goes on forever”. The longstanding relationship between Walmart and its biggest sourcing ...

Putin counts his blessings

China and the World Beijing might be about to recognise the Russian Orthodox church

Since the 1950s, China has recognised five religious denominations: Buddhism, Taoism, Islam, Protestantism and Catholicism. It may soon recognise ...

Birthday Party

Economy The Communist Party is still growing almost a century after its…

Mao Zedong had a problem when he pondered how best to celebrate the inaugural meeting of the Communist Party of China (CPC). He couldn’t quite ...

Spanish bulls

Property Spain is attracting interest from wealthy Chinese

It started in earnest about a year ago when Guo Jindong, the chairman of Nanjing-based petrochemical producer Jiangsu GRPO Group, bought a luxury hotel ...

Surviving the cut

Entertainment Why the appearance of Jackie Chan’s son in new blockbuster is…

The film censors at China’s media watchdog have kept their scissors sharp over the years. Footage of an errant Chinese security guard dying was ...

A Napoleon complex?

World of Weibo A Napoleon complex?

Tom Cruise is 170cm tall (about 5’6). Ryan Seacrest is 173cm and Justin Bieber is about 175cm. Yet they all tower over the average Chinese in ...

IPO is new goal

Sport Is China’s top football team worth Rmb10 billion?

Investing in sports teams is not always a smart idea, even when the team is a serial winner on the pitch. Manchester United first listed in June 1991. ...

She said yes

Planet China For centuries men have got down on bended knee to propose…

For centuries men have got down on bended knee to propose marriage. But a scene in Huangshi city in Hubei province took the tradition in a new ...

Set to accelerate

Sino-File “We believe in the potential of this market, especially in 2018,…

Francesco Scardaoni, Lamborghini’s China boss, tells the China Daily that the carmaker sold 236 vehicles in the country last year. However, he ...

Anti-social media

Cartoons Anti-social media

You can’t use Facebook in China and the fact that it is prohibited would suggest that one of the Party’s official newspapers, the People’s Daily, ...

Flowers to bloom?

And Finally Biggest girl band ever plays up its patriotism

While South Korea may have launched the trend of all-girl pop groups in Asia, it was Japan that took it to a whole new level. In 2005, promoters there ...

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