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WiC 519 (Nov 20, 2020)

Reining in the tech tycoons

Internet & Tech, Talking Point Recent moves by Beijing indicate tougher times for China’s internet giants

According to the Confucian value system the social standing of businesspeople, no matter how wealthy, was below that of farmers and artisans. The most ...

Trading up together

China and the World How significant is Asia’s new trade deal, the RCEP?

The Regional Comprehensive Economic Partnership, or RCEP, has been billed this week as the world’s biggest ever trade deal. Signed last Sunday ...

Sellers’ market

Entertainment A TV drama about e-commerce livestreaming proves a hit with audiences

Despite his spotty entrepreneurial track record, Luo Yonghao, the man behind a slew of defunct businesses ranging from handset maker Smartisan to a ...

Medical precision

Healthcare RemeGen bags $515 million in one of world’s largest biotech IPOs…

Zhejiang-born Fang Jianmin has only one idol: Bob Langer, the prolific chemical engineer who owns more than 1,000 patents, and has spawned nearly 40 ...

Chinese lessons

Corporate Q&A Tech powers growth of Mandarin tuition firm

The Chinese idiom yan zhi you wu means there should be substance in people’s words. In the commercial context that lesson has underpinned ...

A matter of Honor

Telecoms Huawei opts to sells a smartphone brand

Zhu Xinli, the founder of Huiyuan Juice, once argued that there’s no place for sentiment in disposing of companies, which should be “raised as a ...

Carrying the load

Aviation China’s cargo carriers eye freight rate profits

In more typical times Cathay Pacific’s cargo numbers for October would be chastening. A drop of nearly 38% in tonnage terms versus the same period ...

Internet & Tech Iconic console firm files for bankruptcy

When older gamers in the Western world think back to the industry’s origins, there’s often an American company at the forefront: Atari, with its ...

Discipline panel

Energy & Resources Anti-graft probe takes shine off JA Solar

Knowledge is the beginning of practice; doing is the completion of knowing.” So said the 15th-century neo-Confucian philosopher Wang ...

Issues at heart

Healthcare New procurement process to drive down medical cost

One of the oft cited reasons for why mainland Chinese save so much is the high cost of medical care. Because families could be landed with hefty ...

Non-contact sports

Sport How Tencent arranged the World Cup of eSports

Amid a global pandemic, Riot Games flew 22 teams from across the world into Shanghai for the 2020 League of Legends World Championship. The tournament, ...

The main attraction

Sino-File “We and our local partners, including Beijing Tourism Group, are creating…

Tom Mehrmann, president of Universal Beijing Resort, tells China Daily about the soon-to-open Universal Studios theme park in China’s capital. The ...

Diplomat dives in

And Finally British consul wins plaudits for river rescue

When Stephen Ellison heard people screaming he rushed to the river bank and saw a young woman drowning. He jumped into the water and swam her to ...