62 « Week In China

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WiC 62 (May 28, 2010)

Banking & Finance, Talking Point Huijin is a critical plank in the world financial system. Ever…

Most Western policymakers, bankers and investors would greet mention of Huijin with a blank stare. Or perhaps a guess that it’s a form of martial ...

Economy How bad will a European slowdown prove for China?

The financial mess in the Eurozone has been “surpassing expectations” in terms of its severity, according to Chinese premier Wen Jiabao. But for ...

China and the World Chinese navy sets course for open sea

The fallout this week over the alleged North Korean torpedoing of the Cheonan, a South Korean warship, reminds us that confrontations at sea are not ...

Energy & Resources Why China’s following Australia’s lead with a resources tax

The meek shall inherit the earth” has always seemed a rather optimistic prediction – the bashful are hardly well known for asserting their rights, ...

Chinese Character Corrupt banker who thought he was Mozart now faces death sentence

"Poverty drives diligence, diligence brings wealth, wealth induces disarray, disarray leads to vanity, and vanity results in disaster,’ is an old ...

China Ink No breakthroughs, but Chinese media hails Sino-US talks as a great…

Who turned up? The Chinese media was rather pleased at the size of the visiting group, with more than 200 US officials making the ...

Society Why a petition culture persists

In days gone by, victims of injustice sought redress at the emperor’s court. History books and television soap operas are filled with stories of ...

Sport Chinese to buy Liverpool FC?

Jose Mourinho has a special knack for attention-grabbing press conferences. The self-styled ‘Special One’ recently won his second Champions League ...

Entertainment Box office clash sees Chinese martial arts hero kick Iron Man’s…

It was East-versus-West in the Chinese box office last week, with Hong Kong martial arts film Ip Man 2 going head-to-head with Hollywood comic ...

China Consumer China’s love affair with diamonds goes online

C hinese consumers only started shopping online a few years ago. But the range of items they are prepared to purchase is growing. Last year more than ...

Who’s Hu Founder of Shenyang Neusoft

Liu Jiren was born in Dandong in Liaoning province in 1955. He achieved two major academic honours in his youth, becoming China’s first state-trained ...

Banking & Finance Top Chinese banker enters private equity fray

Another week, another new private equity fund launch. The China Daily is reporting that Wall Street veteran Fred Hu (pictured) will soon be launching ...

Cartoons Faring well: electric taxis on the streets of Shenzhen

Shenzhen has just become the first Chinese city to switch its cab drivers to electric vehicles. Well, some of them. There are now 30 drivers trialling ...

And Finally Controversy over “group licentiousness”

"Marriage is like water: you have to drink it. Swinging is like a glass of fine wine: you can choose to drink it or not,” says Ma Yaohai, China’s ...