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Issue 376

WiC 376 (Aug 18, 2017)

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Another August crisis

China and the World, Talking Point How is China dealing with missile tensions between US and North…

The Chinese proverb “If the lips are gone, the teeth will be cold” is an old one, coined to describe an interdependent relationship. In more modern ...

A Messi situation

Rail & Infrastructure Kidnapping claim stirs fears on co-location plan

A 1980s slogan for Britain’s railways urged passengers to shun road journeys and “let the train take the strain”. In contemporary Hong Kong an ...

Guaranteed woe

Banking & Finance Shandong firms tangled in a web of debt

Xi Jinping has warned that financial stability is essential to China’s national security, so bank runs aren’t good news for the promotion prospects ...

Promising profits

Banking & Finance Douban seeks to list its shares

Unlike most entrepreneurs, Yang Bo was not a commercially driven individual. In 2005, the former IBM consultant, often known as Ah Bei, founded Douban ...

Buttons pushed

China Consumer Public pressure sees an end to halal deliveries

In a recent advertisement a takeaway food courier was shown carrying two bags: one was marked ‘halal’, the other was labelled dazhong ...

Summer slimmer

M&A Wanda sells more assets after cash crunch

One of Winston Churchill’s many sayings was that “success is going from failure to failure without loss of enthusiasm”. Many of the world’s ...

Stony relations

China and the World No sign of resolution in Sino-Indian border row

The threat of a major confrontation in the Korean Peninsula this summer has led to one of the most serious nuclear stand-offs since the Cuban Missile ...

Wolf movie packs cinemas

Entertainment Wu Jing’s patriotic action movie breaks nation’s box office record

It took Wu Jing seven years to produce and direct Wolf Warrior. The film was perceived as a gamble: the action star, albeit a familiar name in ...

Changes at the top

Economy What lies behind the removal of Chongqing’s Party boss?

After news emerged in June that Chongqing’s police chief He Ting had been hauled in by anti-graft investigators, a dark joke began to do the rounds ...

The ultimate say

Economy The Party reiterates its dominant role in China’s state-owned enterprises

‘Management by committee’ is a pet hate for corporate gurus. But for some of China’s largest companies it seems to be a core directive from their ...

Deadly scheme

Society How pyramid selling gangs prey on graduate job seekers

On July 14 the bodies of two young men were found in the eastern port city of Tianjin. At first it appeared their deaths were unconnected. One had ...

School dance

Planet China The latest innovation from China’s traffic police? Dancing children. The local…

The latest innovation from China’s traffic police? Dancing children. The local cops in Hebei’s Handan reckoned drivers would better comply with ...

Dissenting on debt levels

Sino-File “The scenario of an abrupt slowdown of the Chinese economy is…

Jin Zhongxia, China’s representative at the IMF, rejects that body’s latest warning that the Chinese economy will face increasing risks due to ...

Rumour mill

Cartoons Rumour mill

Could Old Trafford be the latest footballing icon to fall into the lap of a Chinese buyer? That was the frenzied speculation after the Sunday Times ...

Help wanted

And Finally Chinese cities to open doors to Filipino nannies?

Many Hong Kong families rely on Filipino helpers to cook, clean and look after their children. But could that ready supply of domestic support be about ...

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