In his upcoming book Shadow Banking and the Rise of Capitalism in China, journalist Andrew Collier dives into the growth of ‘shadow banking’ in China and the emergence of a new aspect of capitalism in the PRC – a halfway house between state and private economics that he calls “the Wild West of banking in China.”
Beijing is tightening its mortgage rules in order to put a halt to the ‘divorce loop’ that has made it possible for people to get a cheaper mortgage within a year of getting a “fake” divorce.
National People’s Congress deputy Huang Xihua (黄细花) has called for lowering China’s legal marriage age, from 22 for men and 20 for women, to a minimum age of 18. On Weibo, many people are not happy about the proposal – with some finding it outright shocking.
For Chinese snack brand Weilong, a boycott campaign has seemingly become a smart marketing strategy: their ‘spicy sticks’ (辣条) have been declared a national snack since their boycott of Lotte. Snacking away has never felt more noble.
Incidents of online harassment against women continue to rise year on year across the world, with severe cases in the PRC and abroad. What’s on Weibo’s Cat Hanson, who has personally experienced online stalking in China, explores how cyber-bullying is gradually receiving more awareness – although the Chinese laws are lagging behind.
Changing wedding customs are the mirror of a rapidly changing China. Over the past 50 years, China has seen drastic changes in the process of getting married and how weddings are celebrated. What’s on Weibo gives an overview of Chinese weddings since the 1950s.
Visitor photos of a mouth-foaming, lethargic-looking panda at Lanzhou Zoo has caused outrage on Weibo. As the zoo’s conditions are called into question for the umpteenth time, some say that China’s so-called ‘national treasures’ (国宝) are not being treated equally. The controversy is especially noteworthy because China maintains strict control over the pandas it sends abroad.
An article on Chinese social media argues that the One Child Policy has greatly benefited the status of Chinese women, and that the shift to a so-called Two Child Policy is actually a setback for women’s rights in China. What’s on Weibo explains.