488 Archives | Week In China

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WiC 488 (Mar 27, 2020)

Going for growth

Economy, Talking Point How will China stimulate its virus-hit economy?

At the height of the 2008 global financial crisis China rolled out a Rmb4 trillion ($572 billion) stimulus package to stop its economy from crashing. ...

Hitting a brick wall

Banking & Finance Chinese developers run into trouble in the bond markets

China’s real estate firms started 2020 on a high. A record number of corporate defaults last year (see WiC481) didn’t seem to have dampened ...

Dwelling on the positive

Internet & Tech How the stay-at-home economy has been good for Tencent and e-commerce

Historically, stocks in companies selling some of life’s essentials hold up better in times of turbulence. During the market crash of 1929, food and ...

A command performance

China and the World Beijing ramps up its relief effort overseas as the pandemic spreads…

The Covid-19 pandemic is accelerating, the World Health Organisation warned this week. And so are deliveries from China of much-needed supplies to ...

M&A Bytedance buys into KOL culture with new investment

As the world goes into quarantine, people are looking for ways to combat boredom. TikTok, owned by Bytedance, is one of the escape routes, with ...

Internet & Tech Robotic cleaners go to work in Chinese hospitals

When Walter Griffiths invented the world’s first portable vacuum cleaner in 1905 it still required an “ordinary domestic servant” (as the advert ...

Big shoes to fill

China Consumer Ex-transport boss takes the helm at Moutai

What experience could be so irresistible that even the risk of catching the coronavirus pales into insignificance? In the UK it’s going to see the ...

Data protection

M&A Grindr is sold – a casualty of the Sino-US tech war

In 1953 US president Dwight Eisenhower signed an Executive Order forbidding gay people from working for the government. The action was ostensibly on ...

Port in a storm

Economy Returnees bring spike in Hong Kong infections

Hong Kong has been in the front line of the fight against the coronavirus since mid-January, doing remarkably well in ‘flattening the curve’ in new ...

Entertainment Cinemas are reopening in some provinces, although audiences are small

Just before the coronavirus outbreak started to become more widespread in the US and Europe, Disney hosted the premieres of its latest offering in the ...

Fast Food Comfort food at a time of crisis

What is it? A famous snack from Liuzhou in Guangxi province, called luosifen – also ...

Sino-File “It would be perfectly normal if the virus comes and goes,…

The warning from Zhang Wenhong, head of Shanghai’s Covid-19 clinical expert team, during a video-conference organised by the Chinese consulate in ...

The naked truth

And Finally Rogue employees cripple a rival dating app using dirty tricks

Revenge porn is typically the result of an intimate relationship gone wrong. The aggrieved party distributes images of a former partner to shame and ...