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Issue 582

WiC 582 (Apr 29, 2022)

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Tian Huiyu’s dramatic fall

Economy, Talking Point Why has China’s most successful banking boss just been removed?

“Two things awe me most,” Immanuel Kant wrote in his Critique of Practical Reason. “The starry sky above me and the moral law within ...

A flat reversal

Property More Chinese cities lift property market curbs to boost local economies

For anyone who has lived through the last few property market  slumps in China, it is hard not to feel a sense of déjà vu. Since the ...

Shortages afoot

M&A Chinese firms’ lithium rush gathers pace

“Do you like minting money?” Tesla’s CEO Elon Musk asked during the company’s first quarter results meeting on April 20. If the answer is yes, ...

Going onshore

Energy & Resources CNOOC eyes Western retreat after A-share return

When CNOOC launched its bid for Canada’s Nexen, a decade ago this July, Chinese companies were riding a wave of international expansion using ...

Drug controversy

Healthcare Debates on TCM remedies for Covid heat up

When Hong Kong was battling the Omicron outbreak in late March, China’s central government sent a team of seven practitioners to the city to offer ...

A waste of talent

Economy Why a Beida PhD opts to become a chengguan

Three years of high school, three years for a bachelor’s degree, two years for a master’s, and at least three years for a PhD – that’s how long ...

Bend, but don’t break

Internet & Tech Screenmaker Royole is struggling for survival

Royole loved its time in the limelight in 2018 when it announced the launch of its production line for the mass manufacture of fully flexible screens, ...

Fang’s A-Z of China AI

HSBC Partner Content Industry expert on how Chinese firms are doing in artificial intelligence

By far the greatest danger of Artificial Intelligence is that people conclude too early that they understand it,” warned Eliezer Yudkowsky, a leading ...

Fit for all

Entertainment How a little-known Taiwanese singer turned into an online sensation

According to a study that focused on physical activity in the UK, most people were less active during pandemic lockdowns (this won’t strike most ...

 Defensive remarks

Sino-File “We want a good relationship with China but we’re not going…

Australia’s Defence Minister Peter Dutton tells a local television channel that “My judgment is that President Xi wants a tributary state ...

Music to the ears

And Finally Steinway rides China’s piano mania to IPO

Some 40 million people in China play the piano regularly, according to the National Musicians’ Association. That’s almost seven times the number ...

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