Sorry, you have not enabled Javascript for your internet browser, so some of our website's pages may not render as fully as intended.
Please Click here for easy instructions on how to enable Javascript on your browser or consult your IT support staff for help.

Economy

1 2 3 45 6 7 8 9... 45

Changing the guard

With Wang Qishan stepping down, Zhao Leji takes over as anti-graft chief
Nov 17, 2017 (WiC 388)

The role of China’s vice president is generally awarded to a senior figure in the Communist Party. An exception was Rong Yiren, who served as the deputy head of state from 1993 to 1998 despite a more junior background in the formal hierarchy. ...

Happy ever after

Midea and Haier deals expand foreign footprint
Oct 27, 2017 (WiC 385)

Non-portfolio investment by Chinese companies in overseas markets slumped almost 42% to $79 billion in the first three quarters of this year, the Ministry of Commerce announced this month. But the news came as a cause for satisfaction rather ...

Differing messages from IMF meeting and Xi’s address to Party Congress
Oct 20, 2017 (WiC 384)

China’s A-share market climbed to an all-time high of 6,124 on October 16, 2007. It was a watershed moment that investors remember well. It came just a day after the 17th Party Congress which confirmed Xi Jinping as China’s leader in waiting. ...

Changed environment

Why graftbusters have joined China’s war on fighting pollution
Sep 22, 2017 (WiC 381)

Twenty-six years ago when Swedish packaging giant Tetra Pak wanted to set up shop in southern China, the government of Foshan offered a plot on a new industrial park a few miles out of town. Tetra Pak accepted and its factory thrived. It ...

A Rmb1 trillion problem for Chinese banks
Sep 15, 2017 (WiC 380)

Dongbei Steel has been in difficulties for months – from the news of its initial bond defaults last year (see WiC319) through its challenges in agreeing a restructuring with its creditors (see WiC335). In August there was a resolution (of ...

Kim crashes party

Pyongyang upstages BRICS Summit
Sep 8, 2017 (WiC 379)

For an acronym to be memorable it should spell something recognisable. So, by that logic the BRICS nations – Brazil, Russia, India, China and South Africa – were always missing a K. Well this weekend they got one, when North Korea ...

Changes at the top

What lies behind the removal of Chongqing’s Party boss?
Aug 18, 2017 (WiC 376)

After news emerged in June that Chongqing’s police chief He Ting had been hauled in by anti-graft investigators, a dark joke began to do the rounds within China’s largest municipality, praising the resilience of the city. “Four top cops in ...

The ultimate say

The Party reiterates its dominant role in China’s state-owned enterprises
Aug 18, 2017 (WiC 376)

‘Management by committee’ is a pet hate for corporate gurus. But for some of China’s largest companies it seems to be a core directive from their government. This follows news that at least 30 state-backed companies listed in Hong Kong are ...

Wang’s war with Jack Ma

Cainiao’s row with SF Express sets the scene for a longer struggle
Jul 14, 2017 (WiC 374)

Yuetan is a Chinese term that means to set a date and talk. It has a specific political context too. When a private sector firm is told that the authorities in Beijing are asking for a yuetan, it’s usually because they are ...

Zhuhai’s coming out

The China-Israel Investment Summit highlights Zhuhai’s strategic location
Jun 30, 2017 (WiC 372)

Four years ago Gree Electric’s chairwoman Dong Mingzhu made a Rmb1 billion wager with Lei Jun, challenging the Xiaomi CEO that his tech firm’s revenues wouldn’t surpass Gree’s in five years (see WiC266). Dong later claimed the bet was ...

1 2 3 45 6 7 8 9... 45