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Issue 584

WiC 584 (May 13, 2022)

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Power struggle

Auto Industry Porsche under pressure as Chinese drivers claim discriminatory treatment

China is Porsche’s largest market by far, with sales of more than 95,000 vehicles last year. So, when local buyers claim that they are being ...

Zeng Yuqun’s global leader

Auto Industry, Talking Point Should investors think of CATL as the “Huawei of EV batteries”?

Prior to the invention of USB chargers, the swapping of dry cell batteries was a significant business opportunity. The US government’s post-war ...

Red alert

Environment City residents blame BYD for nosebleed crisis

Just a week ago, electric car and battery maker BYD seemed to be on a triumphant path. In the first quarter alone, it reported sales of  286,329 ...

 A new chapter

China and the World Can Beijing win over new South Korean leader?

It’s not often that top Chinese leaders leave the country these days.  President Xi Jinping, for example, hasn’t left China since he visited ...

Heavy duties

China and the World Tough balancing act as Biden mulls new China strategy

Four years after Donald Trump started to slap tariffs on billions of dollars of Chinese imports, could Joe Biden be about to call a trade truce with ...

Going deeper

Energy & Resources CNOOC starts drilling in Brazilian waters

Saudi Aramco is jostling with Apple once again for the title of the world’s most valuable company, helped by oil prices that have soared 60% since ...

Holiday traffic plummets

Aviation Covid-hit Chinese airlines turn to livestreaming as flight sales dwindle

Willie Walsh, the director general of the International Air Transport Association (IATA), told an industry forum in Saudi Arabia this week that the ...

Bring on the substitutes

Internet & Tech Novosense joins new breed of Chinese chip firms

It sounds like a familiar tale: a tech company that raises more than expected from its initial public offering and sees its share price soar. Or rather ...

Filling the gap

Internet & Tech SemiDrive challenges NXP in automotive chip market

When Qualcomm tried to purchase Holland’s NXP for $44 billion in 2016, the world’s largest smartphone chipmaker was hoping to get its hands on one ...

A chapter closes

Entertainment Adaptation of hit novel shows all is not well in China’s…

Until recently writer Ma Boyong had a spotless record. The 41 year-old novelist has seen a number of his bestselling books adapted into TV series and ...

Kissinger on China

Sino-File “In principle, the [Sino-Russian] alliance is against vested interests, it’s now…

Veteran diplomat Henry Kissinger discusses the Ukraine war, and its impact on China and Russia, at the WeekendFT Festival in Washington. Kissinger, ...

Fever pitch

And Finally Labour Day holiday sees China’s camping craze reach new heights

Before the pandemic, the idea of sleeping in a tent and cooking around a campfire didn’t sound too relaxing to many holidaymakers. But attitudes have ...

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