351 « Week In China

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WiC 351 (Jan 13, 2017)

Rise of the RMB, Talking Point What does the plunge in China’s forex reserves tell us

In October 1997 – during the height of the Asian financial crisis – Hong Kong was hit by a substantial capital outflow which, according to the ...

Internet & Tech Tencent’s WeChat app just got more formidable

“An iPod, a phone and an internet communicator… Are you getting it? These are not three separate devices. This is one device.” So said Steve ...

China Consumer McDonald’s agrees China franchise sale with Citic and Carlyle

Last April netizens in Guangzhou alerted millions of other Chinese that authorities in their city had forcibly removed “an American with red hair” ...

Property Hong Kong’s plans for a tech park and a new museum…

Before China’s economic reforms began in 1978, Shenzhen was a small village bordering the much larger metropolis of British-governed Hong Kong. ...

China and the World Why China’s investment in Sri Lanka has irked the locals in Hambantota

At the end of the First World War there were 48 treaty ports on Chinese soil, a humiliation for a country that had suffered almost a century of shame ...

Society New dating show stokes debates on arranged marriages

In China, urban parks are one of the most popular matchmaking hotspots. As they stroll after dinner, anxious parents try to identify potential spouses ...

Economy Political reshuffle continues ahead of Party Congress

Bushisms, or folksy faux pas from the former American leader George W Bush, probably peaked in 2002 when he said: “Fool me once, shame on you. Fool ...

China Consumer LeEco bets its future on driverless flash car

Apple’s digital assistant Siri gets around 2 billion requests per week and according to The Economist “Apple says Siri knows every possible way ...

Cross Strait Noodle king closes its Taiwanese business but says it’s no big…

In China’s lingua franca, Putonghua, the term for instant noodles translates as “convenient noodles”. In Taiwan such phrasing might elicit a ...

Society China has gun control problems too

Mao Zedong famously said that “political power grows out of the barrel of a gun”. So it is perhaps not surprising that China’s ruling ...

Ask Mei The line that took too long

The newly opened Second Avenue Subway in New York has attracted a lot of attention across China’s social media-sphere since its debut on the first ...

Planet China A female banker in New York famously took her employer to…

A female banker in New York famously took her employer to court in 2010 after she was allegedly fired for being too good looking and too much of a ...

Sino-File “Alibaba will create one million American jobs”

Jack Ma’s promise to Donald Trump, whom he visited in New York this week. The jobs will be added over five years as American businesses sell more ...

Cartoons Next stop: Barking

Barking was recently named the worst place to live in the UK, according to property news portal Rightmove. The London borough derives its name from the ...

And Finally Newspaper delights in China’s bridge-building record

Ask someone to name a famous bridge and they might choose San Francisco’s Golden Gate, London’s Tower Bridge or Prague’s Charles Bridge (to name ...