312 « Week In China

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WiC 312 (Feb 5, 2016)

Talking Point Where is the money to be made in China’s Year of the…

This Sunday Chinese state broadcaster CCTV will host the extravagant Spring Festival Gala. Every Chinese New Year’s Eve it airs the five-hour ...

M&A Will America accept Zoomlion’s Terex takeover?

It has been called China’s Caterpillar. But if its proposed acquisition of Terex Corp goes through, Zoomlion may end up being known as the ‘Lion ...

An uber-rivalry

Auto Industry Didi Kuaidi wants to sell cars and make loans

Backers of the car hailing app Didi Kuaidi say that it embodies some of the best traits of each of China’s big internet trio: comprising Baidu’s ...

Property Wanda expands to India after Madrid setback

Construction standards are just not what they used to be in Spain. When the Romans occupied the Iberian peninsula in the first century AD they built a ...

Economy House of Fraser owner Sanpower invests in the blood business

A quick pop quiz: please identify something in common between Scotland’s oldest department store House of Fraser and the world’s biggest cord blood ...

Aluminium foiled?

Energy & Resources Six producers announce metals stockpiling scheme

In 1952 high school students levelling the ground for a sports field in Jiangsu stumbled across the tomb of Zhou Chu, a Jin Dynasty general who lived ...

That’s the ticket

Rail & Infrastructure Why passengers are grumbling about China’s train services

Each year the Spring Festival in China instigates what is commonly referred to as the world’s largest act of human migration: hundreds of millions of ...

Entertainment Kung Fu Panda sequel has it all – except an ideal China…

Kung Fu Panda 2 (released in 2011) ended with a surprise: the eponymous panda Po (voiced by Jack Black) wasn’t an orphan after all. So many ...

Captain of commerce

Society How David Beckham built his China business empire

In 2008 the former England football captain David Beckham got a new tattoo. “Death and life are determined by fate; rank and riches come from ...

Who’s Hu Golden Meditech

Das Kapital isn’t much read in China these days. Yet among the country’s many tycoons Kam Yuen comes closest to resembling the ...

Red Star Didi Chuxing's driven president

Liu Qing, or Jean Liu, was born in 1978 in Beijing. As the only daughter of Liu Chuanzhi (see WiC291), the founder of Lenovo, China’s biggest ...

Planet China When it comes to untangling webs of criminal activity, who better…

When it comes to untangling webs of criminal activity, who better than Spiderman? That seems to have been the thinking of an employee of a freight ...

Cartoons Poppy appeal

This may not surprise longtime readers of WiC, but what had long been rumoured has now been made official: restaurants in China are adding addictive ...

More serious than subprime?

Sino-File “When you talk about orders of magnitude, this is much larger…

Kyle Bass of hedge fund Hayman Capital Management tells the Wall Street Journal that 85% of his portfolio is invested in trades shorting the renminbi ...

Foreign flutter

And Finally Why the Chinese are keen on overseas lotteries

In January 2002 a £16.6 million ($23.7 million) jackpot in the National Lottery in the UK was won by a certain Ken Jackson. But the 77 year-old Brit ...