340 « Week In China

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WiC 340 (Sep 23, 2016)

Banking & Finance, Talking Point Why Postal Savings Bank’s IPO isn’t just another Chinese bank offering

The first ever stamp issued in China, according to the records of the China Customs Museum, was designed by the Englishman Robert Hart. Hart served ...

Entertainment, Society TV series strikes a chord with China’s middle class parents

In China, most parents believe that to succeed in life, it is important to give their children a leg-up as early as possible. In Guangzhou, parents can ...

China Consumer Will Apple’s newest iPhone prove a hit in China?

Maintaining the buzz around the Apple brand in China was always going to be a challenge. At its peak, enthusiasm for the latest iPhone reached a point ...

China and the World Hinkley nuclear deal waved through, but future projects set for scrutiny

When Xi Jinping met Theresa May on the sidelines of the G20 summit in Hangzhou this month he said he was prepared to be patient on a high-profile ...

Banking & Finance Another warning light is flashing for China’s financial system

Red flags are waved enthusiastically in Beijing as a matter of course. But one red flag which likely won’t be so welcomed is this month’s warning ...

Economy More political reshuffling ahead of the 19th Party Congress

Beijing, Shanghai, Chongqing and Tianjin are the four ‘directly-controlled municipalities’ under the central government. The quartet enjoys similar ...

Cross Strait Beijing turns the screw on Taiwan’s tourism trade

In January 2012 the Kuomintang’s Ma Ying-jeou won a second presidential term in Taiwan. Investors seemed happy to see closer economic ties across the ...

Society China’s richest young couple end up in expensive divorce

Divorce is costly, not just emotionally but also financially. For Zhou Yahui, the split from his wife has even broken a record. Last week, a court ...

Society Why do 150 Chinese drown every day?

Every summer Chinese newspapers are filled with tales of drowning. They might involve a lone child in a lake, a group of teenagers at a reservoir, or a ...

World of Weibo Mooncaker

Perhaps one of the more nuanced aspects of Xi Jinping’s signature crackdown on corruption was forbidding government officials from receiving ...

Internet & Tech Following WeChat, Alipay is set to introduce transfer fees

The first plastic gift cards were introduced in 1994 by Blockbuster video rental stores. They were a response to a rise in the fraudulent redemption of ...

Planet China America’s first political sex scandal is often said to have involved…

America’s first political sex scandal is often said to have involved Alexander Hamilton, one of the Founding Fathers. In 1797 he was revealed to have ...

Cartoons Going for gold

China has just topped the Paralympics medal rankings with a record haul of golds, 43 ahead of its nearest rival, the UK. The US team didn’t even make ...

Sino-File “We are becoming much more – what I would describe as…

Rio Tinto CEO Jean-Sebastien Jacques tells Bloomberg that the drop in demand his firm has experienced in China has “plateaued”. The boss of the ...

And Finally Punters chase payout on Hiddleswift insurance

With at least 20 songs about break-ups in her back catalogue, the smart money on Taylor Swift’s latest romance was that it wouldn’t last ...