499 Archives | Week In China

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WiC 499 (Jun 12, 2020)

Market indicators

Economy, Talking Point Premier Li Keqiang pins hopes of a rebound on more street…

Many cities around the world now offer tours of their street-food scene. Knowing that street food had turned into a tourism attraction, the Hong Kong ...

A change of scene

Internet & Tech NetEase successfully lists in Hong Kong

Ding Lei, founder of Guangzhou-based internet company NetEase, has seen some extraordinary changes at his company. For a start, it has become a $58 ...

Flight to safety

Aviation Hamstrung Cathay Pacific bailed out by the Hong Kong government

Hong Kong’s $5 billion government-led rescue of its local carrier Cathay Pacific is the deal that nobody wanted, but no one could refuse. On ...

Bargains galore

China Consumer All eyes are on June 18 e-commerce event for signals on…

China’s second-largest e-commerce firm JD.com is embarking on a secondary listing in Hong Kong. The e-commerce giant – which is already listed on ...

Who’s in charge?

Auto Industry Electric vehicle battery makers BYD and CATL battle for supremacy

The rivalry between Airbus and Boeing is one of the most determined in corporate history. Over the years, they have swapped places as the market leader ...

Economy Hisense unveils more mixed-ownership reform

Hisense has been a local champion in the city of Qingdao since the late 1960s, when it started to make radios under the brand name Red ...

Cross Strait The rise and fall of one of Taiwan’s most colourful politicians

Han Kuo-yu was first elected to Taiwan’s legislative body in 1992. His political career started with a literal bang when he slapped Chen Shui-bian, ...

Who’s Hu The Chinese-born tycoon behind Zoom

No one could hear what Eric Yuan was saying at the start of an earnings call from his video conferencing app last week. Then someone in his investor ...

Rental agreement

M&A Carmaker reliant on Mercedes sales diversifies into car hire business

As it headed towards its filing for chapter 11-bankruptcy in May, Hertz must have rued the fact that there was no white knight to save it from its ...

A woman’s world

Society New costume drama about a matriarchal society earns plaudits

In Yunnan province, women from the Mosuo tribal community sit at the head of the table; sons and daughters live with their mothers, along with the ...

Cambridge Diary

Education Poetic licence

“England is Black; China is Red” is the title of my master’s thesis. June will be dedicated to writing up 20,000 words on how, through the ...

China’s John Lewis

Sino-File “There are still lots of people, including the public, politicians and…

Huawei vice-president Victor Zhang tells the Financial Times that Huawei is a private company. He added that Huawei was owned by its employees ...

Relative advantage

And Finally Families come first in new car licence lottery

The harmonious, multi-generational family is the Chinese ideal. You see the theme replicated in feel-good ads for everything from cooking oil to ...