346 « Week In China

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WiC 346 (Nov 18, 2016)

M&A, Talking Point Different directions for two of China’s most acquisitive companies

When Jia Yueting, LeEco’s flamboyant founder, unveiled a model of his firm’s first driverless car in April, he described it as another step ahead ...

Internet & Tech Starbucks looks for a coffee-centric edge from China’s delivery industry

When Starbucks first opened its doors in 1971, it sold coffee beans. The fashion for drinking coffee outside your own home wasn’t widespread in the ...

Chinese Character Meet Xiao Jie – the man just appointed as China’s new…

In China’s political dictionary the term luotui, or ‘naked exit’, applies to people retiring completely from all political positions, a rare feat ...

Rail & Infrastructure BYD says monorail contracts will boost profits

Build your dreams is the company’s motto. And those dreams are expanding at BYD after it unveiled SkyRail, its newest product, last ...

China Consumer More adventurous Chinese drinkers are downing more foreign beer

What would you expect the proprietor of a Korean barbecue restaurant in Beijing to look like? Probably not Zhao Jun, owner of the General Chi Yan ...

Space Programme Chinese company wants to muscle in on space tourism

One of the major themes in international travel over the past decade has been the growing number of Chinese tourists travelling abroad – and spending ...

Economy An Israeli’s selfie-stick innovation is counterfeited before it even goes on…

Imitation is the sincerest form of flattery,” Yekutiel Sherman reminds himself, as he discusses the huge losses he’s suffered thanks to the ...

Society Alibaba’s Singles’ Day television gala proves to be a stroke of…

“You are about to witness history in the making” is the popular catchphrase of Liu Qian, a Taiwanese illusionist whose repeat appearances at state ...

Ask Mei China's moved from imitation to innovation

Do you still think China’s economic edge lies in cheap and low-quality manufacturing and by copycatting Western technology? If the answer is yes, ...

Banking & Finance Will CICC’s mega-merger prove transformative?

According to the historians Peter Cain and Tony Hopkins, the British empire was based on a unique form of gentlemanly capitalism (described by them as ...

Planet China The Chinese government plans to create 10 million urban jobs this…

The Chinese government plans to create 10 million urban jobs this year but obviously there are still many people looking for work. One such jobseeker ...

Sino-File “There are not going to be trade wars”

Wilbur Ross, the New York-based investor and an economic adviser to Donald Trump, says the president-elect’s anti-China trade rhetoric is only a ...

Cartoons M&S exits China

Marks and Spencer opened its first China store in 2008, and got off to a bad start. Some believed that the building it had chosen in Shanghai was ...

And Finally China’s admiration for Russian pilots grows

Russian airlines haven’t always enjoyed the best reputation. But in professional circles Russian pilots are talked about as some of the best aviators ...