594 Archives | Week In China

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WiC 594 (Jul 22, 2022)

A terrible second quarter

Economy China’s ‘zero-Covid’ policies take toll on its 2022 growth target

‘Zero-Covid’ means zero growth. That was one way of responding to China’s latest economic data at the end of last week, which showed that GDP ...

A building crisis

Property, Talking Point The ‘Stop Mortgage Payment’ campaign spreads nationwide from Henan

Many consumers in China shop on Taobao. Part of the reason is that they know they can request refunds if the goods turn out to be defective. Trust is ...

Electric reaction

Auto Industry BYD stock plummets over rumour Warren Buffett planned to sell stake

What’s that old proverb about being measured by the company that you keep? In the case of BYD Auto, the saying has seemed like something of a ...

‘Positive’ discrimination

Healthcare Companies are refusing to hire Covid recoverees

“Those with a Covid positive history need not apply,” a recent online advertisement for security guards read. Many other employment ads have taken ...

Healthcare Hopes raised over Brii Bioscience’s Covid treatment

Amubarvimab/Romlusevimab is a mouthful in any language. But this domestically-produced antibody treatment could be another important step in China’s ...

Database demand

Internet & Tech The ‘Chinese Oracle’ looks to list in Shanghai

In early July Shanghai’s STAR Market approved the IPO of China’s first homegrown database firm, Wuhan Dameng. The listing represents another ...

Right ingredients

China Consumer IPOs signal investors favour tea chain suppliers

Even though its share price had more than halved in the year since its initial public offering in Hong Kong, upmarket tea drink brand Nayuki still ...

The King of Kuaishou

Entertainment Jay Chou’s album launch proves lucrative after huge social media blitz

After six years Mando-pop icon Jay Chou finally released a new album last Friday. Greatest Work of Art has 12 tracks, including a piano intro, ...

Dezhou braised chicken

Fast Food Dezhou Five-Fragrant Boneless Braised Chicken

When you open a package of Dezhou braised chicken, you open a time capsule of Chinese history. Dezhoupaji or Dezhou Five-Fragrant ...

Market senses blood

Healthcare Dialysis leader set to IPO

As China ages, so the need for dialysis will increase. Chronic kidney disease is much more common in old age, often accompanied by, or caused by, ...

It’s not political, minister says

Sino-File “Our view of companies are not driven by whether they are…

Rajeev Chandrasekhar, India’s Minister of State for IT, denies that recent crackdowns on Chinese firms in India are politically motivated. Last week ...

And Finally Why a historic variety of lychee from Guangdong has set record…

In Japan the Ruby Roman is a red grape the size of a ping-pong ball. It is also one of the world’s most expensive fruits: a single bunch was sold for ...