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Issue 572

WiC 572 (Feb 11, 2022)

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Summer, now winter

China and the World, Talking Point Beijing’s Winter Olympics kicks off with political and sporting drama …

George Orwell, the English author, once derided serious sport as “war minus the shooting”. The Olympian ideal is different, contending that sports ...

Shanghai surprise

Property Shimao sells off crown jewels to repay debts

When the pandemic forced the closure of most of China’s cinemas in 2020, Huayi Brothers was plunged deeper into a cash crisis. To save the day its ...

Walking the wok

China Consumer Why Chinese food chains have become a hotspot for IPO investors

For a sign that Beijing’s ongoing crackdown on the lucrative tech sector has sent investors in search of alternative markets, look no further than ...

Water to wine

China Consumer Wahaha is expanding into the booming baijiu business

It became apparent it’s not easy to make money in the China market when Coca-Cola saw the need to deviate from its traditional soft drink formulas ...

Pigs in the middle

Banking & Finance Yurun creditors agree on bold restructuring plan

When a major private sector firm goes under in China, investors often turn their attention to the health of its crosstown counterparts. In 2012 we ...

Withdrawing its chips

Internet & Tech Micron’s China exit renews broader debate about semiconductor sector

For one way of getting a sense of how a nation views itself at a particular point in time, a look at its favourite TV programmes can be a very good ...

Rocky road

Auto Industry Stellantis and GAC differ over Jeep JVs future

“They were America’s greatest contribution to modern warfare,” said George Marshall, the US military’s chief of staff during the Second World ...

The show goes on

Economy What CCTV’s Gala says about China’s economy

China’s state broadcaster CCTV has shown the Spring Festival Gala every Chinese New Year since 1983. The show is easily the most watched TV programme ...

Thinking out of the box

Shipping Chinese exporter decides best way forward is to buy its own…

Not many companies own their own cargo ships if their primary business isn’t logistics. Oil and gas giant Shell is one of the few that has ships of ...

China’s soccer quandary

Sport More soul-searching as Chinese soccer team is trounced by Vietnam

In July 2011, the then Chinese vice president Xi Jinping met a delegation from South Korea. They presented him with a football that had been signed by ...

The man of the moment

Entertainment Yi Yangqianxi’s Year of the Tiger gets off to a roaring…

While some might say that the biggest winner at the box office over the Chinese New Year holidays was Battle at Lake Changjin 2 – the film ...

The maestro rides again

Entertainment Veteran director sees box office bounce from Olympics

Zhang Yimou has set many records over a prolific directorial career of nearly four decades. He was the first Chinese filmmaker to win the prestigious ...

Burning issue

Sino-File “It’s bold and innovative to present such a tiny Olympic flame.…

Filmmaker Zhang Yimou discusses his decision to incorporate a notably small flame into the Olympic Opening Ceremony in Beijing last Friday. ...

The fight over Fight Club

And Finally Controversy as Tencent Video censors denouement of Brad Pitt classic

The first rule of Fight Club is that “you don’t talk about Fight Club”. But thanks to a piece of spectacularly heavy-handed censorship, the ...

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