385 Archives | Week In China

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WiC 385 (Oct 27, 2017)

China’s leading man

Society, Talking Point Xi Jinping unveils his Politburo picks as the Party Congress closes

In the early 1940s, IBM’s president Thomas Watson suggested that “there is a world market for about five computers”. By computers he meant those ...

China Consumer Chinese-owned SMCP finally debuts in Paris

Just months after announcing plans to list fashion group SMCP on the Paris Stock Exchange, private equity giant KKR suddenly changed tack, selling 70% ...

Happy ever after

Economy Midea and Haier deals expand foreign footprint

Non-portfolio investment by Chinese companies in overseas markets slumped almost 42% to $79 billion in the first three quarters of this year, the ...

Crafty competitors

M&A Asahi to exit Tsingtao as Chinese drinkers switch to craft beers

Founded in 1903 as an English-German joint venture, Tsingtao Brewery was acquired by the Dai Nippon Brewery in 1916 when the Japanese took control of ...

Many happy returns

Belt and Road, Corporate Q&A Four years since its launch, how is Belt and Road progressing?…

Four years ago Xi Jinping formally launched his Belt and Road Initiative while on a trip to Central Asia. Chinese acquisitions in the 68 countries ...

Payday in New York

Banking & Finance Chinese micro-lender Qudian completes fourth-largest IPO this year

Issuing credit to people with no credit history has always been challenging for lenders. The problem gave birth to some innovative ...

Thunder tea rice

Fast Food Lei cha

Lei cha, or thunder tea rice, is a traditional dish among the Hor Poh (河婆) clan of the Hakka people, an ethnic sub-group of the Han Chinese known ...

Foreign territory

Entertainment Jackie Chan wins unusually high praise for gritty role in terrorism…

When The Last Emperor was released in 1987, it was reckoned to be one of the most ‘cosmopolitan’ movies of the era. Produced by an English ...

Tea party trouble

Energy & Resources Shandong’s ‘teapots’ are trying to team up

A Chinese proverb predicts that “Like tea, a true warrior shows his strength in hot water”. It’s a folksy reminder too for China’s 31 ...

Bargain basement Britain

Planet China Does Bicester Village represent a vision of the UK’s post-Brexit destiny,…

Does Bicester Village represent a vision of the UK’s post-Brexit destiny, i.e. as a shopping emporium for hordes of affluent Chinese tourists? ...

Cartoons Anchor woman

As Hurricane Irma charged toward Florida’s coast last month, officials held a news conference to warn residents of the mandatory evacuation. However, ...

The bigger apples

Sino-File “New York is a big city, but there are 15 cities…

Didi Chuxing boss Jean Liu talks with Charlie Rose about the challenges of moving 800 million urban Chinese around every day. Liu says China has at ...

Making a packet

And Finally Back by popular demand: McDonald’s 20 year-old Sichuan sauce

Many Chinese cinema fans disliked Mulan, Disney’s cinematic version of the tale of the eponymous heroine from the Northern Wei Dynasty, ...