472 Archives | Week In China

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WiC 472 (Nov 1, 2019)

Following the fanju

Internet & Tech, Talking Point What an annual dinner in Wuzhen says about China’s tech tycoons

In China a business dinner is referred to as a fanju (饭局). The first character fan (饭) means rice and is straight forward enough. But ...

Rise of the RMB Xi Jinping talks up blockchain as China readies a digital currency…

After a gap of almost a thousand years China is poised for another revolution that reshapes our understanding of what money means and, by definition, ...

Tencent uses ‘the force’

Media China Literature inks deal with Disney for new online Star Wars…

One of the most popular TV series in China this summer was The King’s Avatar, which was shown on the video streaming platform iQiyi. Based ...

Very educational

Internet & Tech Bytedance seeks Indian image overhaul

The Chinese video sharing app TikTok has been variously accused of broadcasting pornography; spreading propaganda from the terror group ISIS; and also ...

The final frontier

China and the World, Space Programme Space scientist latest to face US visa problems

As vice chairman of China’s National Space Administration Wu Yanhua is used to technical challenges. During his time at the agency China carried out ...

Property Shenzhen will build 1.7 million more homes, most of them public…

Shenzhen’s past as a fishing village now seems like something from a different galaxy. But another of its titles – as China’s biggest boomtown ...

Prometheus bound

Banking & Finance Top tycoon’s son sees his fund’s assets frozen by a Shanghai…

Could Wang Sicong, the son of one of China’s richest men, soon feature on the Supreme Court’s list of bad debtors? That was the question posed ...

Banking & Finance, Healthcare German eye clinic raises its China profile via IPO

Jorn Jorgensen is an eye surgeon and a skilled marketeer. To celebrate the opening of his latest clinic in Beijing last month, he operated on his son ...

Baying for business

Rail & Infrastructure Now a year old, the Hong Kong-Zhuhai-Macau Bridge needs more traffic

Opening at about the same time as the high-speed railway line between Hong Kong and Guangzhou last October (see WiC429), the Hong Kong-Zhuhai-Macau ...

Too fast and quite furious

Entertainment Lee Ang loses fans with film-shooting style; but Fosun is happy…

He has beaten Steven Spielberg twice as best director at the Oscars, first for the gay love story Brokeback Mountain in 2005 and then for the ...

World of Weibo Li Guoqing

Back in February, Li Guoqing, the co-founder of e-commerce firm Dangdang, announced that he had resigned from the company he started with his wife ...

Relying on horsepower

Planet China When internet celebrity Luo Yonghao was upset at the poor performance…

When internet celebrity Luo Yonghao was upset at the poor performance of his Siemens fridge, he hit on a unique solution. He laid down a few of the ...

Sino-File “China is, more than ever, a strategic market for Galeries Lafayette…

Galeries Lafayette CEO Nicolas Houzé says the French retailer will open 10 department stores in China by 2025. He made the forecast at the opening of ...

Cartoons Boxing clever?

Many of the world’s best boxers have taunted their opponents – such as the time Muhammad Ali brought along a mop and bucket and declared George ...

(Sub)contract killing

And Finally Five hitmen sent to jail, following outsourcing farce

Shrewd but ruthless, the hitman is typically an anti-hero in the cinematic world, spawning movies such as 1994’s Léon: The Professional and ...