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Issue 546

WiC 546 (Jun 25, 2021)

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After school angst

Education, Talking Point Why China is reining in private sector education companies

New Oriental and TAL EducationOne of the most famous rock songs in the English language is Pink Floyd’s 1979 classic Another Brick in the ...

Heirs and disgraces

Economy Three ‘fuerdai’ in the news as successions loom for second-generation rich

Liu Shan was one of the most derided princelings to ascend the throne. The second and final ruler of the state of Shu during the Three Kingdoms period ...

Silicon rally

Internet & Tech Semiconductor industry sees surging valuations

In 1933, one of the most lauded stock pickers of all time declared that “the four most costly words in the annals of investment” are “this time ...

Best foot forward

M&A Fosun ties up deal for shoemaker Sergio Rossi

For high-end brands price hikes are a means to hedge against cost inflation and currency moves. But during the pandemic they have been used rather more ...

Lei Jun’s big choice

Auto Industry Is Xiaomi set to work with BYD to make EVs?

The big beasts of China’s tech world have all forged alliances in the electric vehicle (EV) sector with one notable exception: Xiaomi. The Hong ...

The lure of Lanzhou

China Consumer Why private equity investors are lining up to invest in noodle…

When you mention Lanzhou to most Chinese people, the first thing that comes to mind is often the word “lamian” rather than the capital of Gansu ...

Silent sales

China Consumer After last year’s pizzazz, a more muted 618 Day

In 2009, Alibaba’s now-CEO Daniel Zhang created the one-day shopping bonanza Singles’ Day. Only 27 merchants participated in the event on that ...

Pricing power

Energy & Resources Can China tame global commodity prices?

Perhaps it is perplexing that a country so determined on fighting speculators was reported to have at least 63 futures markets housed on its commodity ...

Less is more

China Tourist Travel firms chase domestic duty-free profits

Chinese tourists have been the biggest source of international travellers since 2016. Two years ago they spent as much as $245 billion overseas or 16% ...

Summer surprise

Entertainment Tencent’s TV show left in the dust by the Party’s new…

Actress Zhou Dongyu’s road to stardom wasn’t straightforward. When she was still a high school student she first auditioned for the lead role in ...

Time will tell

Sino-File “In the long term China will have a larger economy than…

Victor Gao, a former Chinese diplomat now with the Beijing-based think tank the Centre for China and Globalisation, told the Financial Times that ...

‘Our kind of correspondent’

And Finally Why is Beijing heaping praise on American journalist Edgar Snow?

In the summer of 1936 the American journalist Edgar Snow sat down with Mao Zedong in the dusty surroundings of Yan’an in northern Shaanxi province. ...

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