65 « Week In China

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WiC 65 (Jun 18, 2010)

Revenge of the baby kissers

Rise of the RMB Export surge in May triggers more currency tension on Capitol Hill

China’s exports grew by 48.5% in May in year-on-year terms, the biggest surge in six years, and far beyond market expectations. First, the ...

China Consumer, Talking Point Carlsberg buys brewery in probably the biggest beer market in the…

The brewing industry long ago figured out that if you stick a man in front of a TV that is showing football he will – almost without fail – drink ...

The new Gang of Four

Economy How four corrupt officials solicited bribes from foreign multinationals

At first glance, the bare bones of Guo Jingyi’s story is hardly one that will catch attention in China: corrupt official convicted for taking Rmb8.45 ...

China Consumer Walmart’s new Chinese hypermarket strategy

Visit a Walmart store in China, and you could well find pig intestines and live frogs next to the special-offer plasma TV screens. The indigenous ...

A case of poor timing?

China Ink What is being positioned as the world’s biggest IPO is set…

Great expectations? Agricultural Bank of China’s (ABC) management began marketing its story to investors this week, hoping to top ...

A spirited fellow

Chinese Character Meet the man who has drunk two tonnes of Moutai

In Somerset Maugham’s novel Of Human Bondage there is a bohemian character called Cronshaw who had “pondered for twenty years the problem ...

Sport Was French fencer stabbed in the back?

Few foreigners have had the opportunity to run Chinese organisations, and when they have been given the task it has not always proven an easy ...

Energy & Resources State Grid tells wind power generators to rein in their expansion…

Reality may finally be catching up with China’s frenzied wind power industry. The country’s largest turbine-maker was forced to call off its ...

Enjoy it while you can

Auto Industry Industry insider GE Anderson on prospects for foreign carmakers in China

According to recent HSBC research, the Chinese auto market has been a lifesaver for the foreign manufacturers in offsetting weaker demand in developed ...

No holiday for 20 years

Who’s Hu Dong Mingzhu

Dong Mingzhu was born in 1954. After getting a master’s degree from the Chinese Academy of Social Sciences, she became an academic in Nanjing. In ...

Society The $64 million scroll

Art, some say, usually ends up being worth a lot more once the artist is dead. That is even more true when artists have been dead for a thousand ...

Society Why Renho’s caused a stir

During the recent Japan Week at the Shanghai Expo, the country’s former prime minister, Yukio Hatoyama, paid a visit. But the Japanese Pavilion would ...

Losing the race

Society Are China’s elite universities failing?

If you wanted evidence that Beida and Tsinghua see themselves as elite universities, look no further than their boat race. Established in 1999, it ...

Wing and a prayer

Planet China Sometimes it’s better not to look out of an airplane window,…

Sometimes it’s better not to look out of an airplane window, especially if you are flying Kunming Airlines. Last week – while airborne – a ...

Cartoons Chang chips in

The British are famed for having chips-with-everything. But it is hungry Chinese consumers who could really transform the chip industry – the silicon ...

Cannon to the right of them

And Finally Homeowner takes right to bear arms to new level

What would you do to protect your home and family? Would you, for example, construct your own rocket launcher? Such is the story of Yang Youde, a 56 ...