555 Archives | Week In China

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WiC 555 (Sep 10, 2021)

A tale of three cities

Banking & Finance, Talking Point Why does China need a new stock exchange in Beijing?

London first got a stock exchange in 1698 but Beijing had to wait until 1918 for a bourse of its own. The Peking Securities Exchange was the first ...

Congestion charges

Shipping Top shipping analyst discusses why container rates are surging

The world’s supply chains are in crisis. Long delays in the shipping of containers mean there is a real possibility of shops having empty shelves in ...

Book Review, Others Simon Murray’s page-turner book recounts his days with KS Li and…

No one who has met Simon Murray will contest the view that he’s eminently memorable. The octogenarian businessman and adventurer is a raconteur with ...

Property Evergrande in frenetic race to avoid default

The advice from Alcoholics Anonymous is that admitting you have a problem is the first step towards recovery. Evergrande, one of China’s biggest home ...

Bonkers over Birkins

China Consumer Hermès takes flak over bag policy as Dolce & Gabbana forecasts…

French luxury group Hermès has long prided itself on its resistance to change: even as many other famed luxury brands have occasionally succumbed to ...

Economy What should we expect from the Sixth Plenum?

‘Black swan’ moments refer to unexpected or unpredictable events with grave consequences. In China they usually lead to sudden stock market ...

Three men and a baby

China Consumer SoftBank invests in PatPat, ‘the SheIn of kids clothing’

With Alibaba’s shares in a slump and ride-hailing app Didi losing half of its market value since its IPO, Japanese investment giant SoftBank is ...

A bridge too far

China and the World Ankara sends mixed Belt and Road messages with aborted deal

What does it mean to be Turkish? It’s a question that its leaders have grappled with for centuries, thanks to the country’s location on the ...

Society Parents cheer China’s latest school reform – less homework

When Chinese students returned to the classroom earlier this month they got the best back-to-school gift they could wish for – a huge cut in their ...

Way of the exploding fist

Entertainment Why the Chinese are not buying into Marvel’s Chinese superhero

Marvel’s Shang-Chi and the Legend of Ten Rings is a film of many firsts. Opening in the US last weekend, it is the first Marvel superhero ...

Sino-File “The group expects to see higher growth momentum in its results…

Zhang Jianhong, chairman and CEO of Dongyue Group, sounds an upbeat note. His Hong Kong-listed company’s stock has surged 333% this year and last ...

Grapes of wrath

And Finally Japanese anger over Chinese viticulture

How much would you pay for a single strawberry or a bunch of grapes? And does it matter where the fruit comes from? If you were Japanese the answer ...