580 Archives | Week In China

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WiC 580 (Apr 8, 2022)

Waiting for the final audit

Economy, Talking Point What do Didi, TuSimple, Arm and TikTok tells us about Sino-US…

In September 2014 Facebook hosted a conference at its headquarters to discuss how the tech sectors in China and the US could work more closely ...

Doing the dishes

China Consumer Are dishwashers catching on in Chinese households

Perhaps it shouldn’t come as a surprise that the first dishwashing machine was invented by a woman, although it wasn’t because she was fed up with ...

Border tensions still simmer

China and the World Sino-Indian relations show no sign of improvement with Shopee’s exit

Sino-Indian relations remain damaged two years after deadly clashes along a disputed border in the Himalayas. The latest evidence of this comes with ...

China and the World China spars with Australia in Pacific security deals

For the past 20 months Chinese-Australian TV presenter Cheng Lei has been detained in Beijing, accused of revealing state secrets. Cheng, who is 46, ...

Second time Luckin

China Consumer After overtaking Starbucks, Luckin now plans New York comeback

In the five years since Luckin Coffee was founded, its chequered experience is worthy of more than one business school case study. It started out ...

A China private equity play

Banking & Finance Money manager PAG eyes $2 billion Hong Kong IPO in choppy…

If you look at the firm’s history, we’ve been contrarian, we’ve been innovators, we’ve been kind of West Coast,” Jim Coulter, TPG’s ...

A lion set to roar?

Auto Industry An emerging unicorn from China bets on battery breakthrough

When Mao Zedong died in 1976, one of the first people to benefit from China’s subsequent re-engagement with the outside world was a middle-aged ...

Trumped up gains

Energy & Resources How Sinopec profited from Putin and Trump

The invasion of Ukraine is creating unprecedented strains in the European market for natural gas, where countries like Germany, Austria and Hungary are ...

Crypto burglary

Entertainment Taiwan singer popularises NFT then falls victim of scam

As the price of popular NFT soars, so too has the rise in the incidence of thefts of these non-fungible tokens. In February, hackers stole hundreds of ...

Hoops of joy as NBA returns

Society US basketball games return to CCTV after two-year ban

The showing of American professional basketball games on China’s state broadcaster CCTV was viewed as an icebreaker when Sino-US relations dipped to ...

More vigilance called for

Sino-File “We must adopt an extremely responsible attitude, heightened vigilance, more pragmatic…

Feng Zhenglin, director of China’s Civil Aviation Administration of China (CAAC), during a teleconference on Wednesday. He was referring to the crash ...

A vintage offering

And Finally Luxury liquor distiller Moutai launches an app

There were not many surprising takeaways when Kweichow Moutai announced its annual results last week. Growth has slowed as net profit only rose 12% to ...