Barry van Wyk spent eight years in China studying Chinese in Tianjin and working as a consultant and project manager in Beijing. He holds a Master of Arts in economic history from the London School of Economics (2005).
Annil is China’s leading children’s clothing brand, and recently the company has been hyping its new line of antiviral clothing, juicing its stock prices. But Annil has been investigated for insider trading and a doctor has called the technology essentially useless.
Business briefs from the Chinese media — Monday December 19
The Chinese government has yet another plan to domesticate the country’s IT infrastructure and to take back control of its data from foreign companies. Chinese investors have taken note.
Business briefs from the Chinese media — Friday December 16
A doctor mentioned lemons in a press conference in Shanghai, and panic buying ensued. But China has plenty of lemons, which come from China’s “international lemon capital” and “lemon hometown.”
Business briefs from the Chinese media — Thursday December 15
This has been an annus horribilis for China’s hospitality industry. But hotel executives are looking forward to a recovery in 2023 and predict that mid- to high-end chains will prosper as cheaper hotels and one-property operations increasingly go out of business.
Business briefs from the Chinese media — Wednesday December 14
A new batch of vouchers to stimulate consumption is being issued across China. As the country emerges from COVID zero, and with exports, investment, and consumption all down, can the program get China’s economy out of the doldrums?