Shanghai

People cross a street on The Bund in Shanghai, China, on 12 October 2022. (Hector Retamal/AFP)

China’s rich are getting richer

In 2021, more Chinese families became either rich or richer, with Guangdong overtaking Beijing as the region with the most high-net-worth families in the country. These high-net-worth households largely made up of entrepreneurs, real estate investors and professional financial investors, are expected to transfer an estimated 18 trillion RMB of wealth to the next generation over the next decade.
A health worker takes a swab sample from a man to test for the Covid-19 coronavirus in the Huangpu district in Shanghai on 24 October 2022. (Hector Retamal/AFP)

No end to China’s zero-Covid in the short term

China’s stock markets rose following an unverified tweet on 1 November claiming China might ease its zero-Covid policy. However, signals from state media and various local governments suggest otherwise and the market rally has died down as well. Zaobao correspondent Edwin Ong examines the clues and analyses what might happen next.
Students from the School of Public Health listen as they graduate during Harvard University's 371st Commencement Exercises in Cambridge, Massachusetts, US, 26 May 2022. (Brian Snyder/File Photo/Reuters)

Covid curveballs making Chinese students' road overseas even longer

Amid the difficult environment of unceasing Covid-19 restrictions, geopolitical tensions and grim economic and employment outlook, Chinese students are caught between a rock and a hard place when it comes to their higher education. College and visa applications, taking online classes and returning to China to seek employment are proving to be one hurdle after another for the new generation. How will they cope?
People walk along a pedestrian street surrounded by shops and shopping malls in Shanghai on 24 October 2022. (Hector Retamal/AFP)

Little certainty: A ‘new era’ for China’s economy

Zaobao correspondent Chen Jing notes that market confidence is still shaken after the 20th Party Congress, and there is little clarity on how the new team will realise China’s hopes of achieving high-quality development while zero-Covid measures remain in place.
Shanghai Party Secretary Li Qiang attends the closing ceremony of the 20th Party Congress of the Communist Party of China, at the Great Hall of the People in Beijing, China, 22 October 2022. (Tingshu Wang/File Photo/Reuters)

China's next premier Li Qiang: More implementation, less decision-making

Li Qiang, the number two in China’s new Politburo Standing Committee, is poised to be China’s next premier. While his star fell after his management of Covid-stricken Shanghai was called into question, his credentials as Xi’s lieutenant may mean closer alignment between the State Council and the Central Committee in the Li Qiang era. Zaobao correspondent Yang Danxu has the details.
Chinese President Xi Jinping attends the opening ceremony of the 20th National Congress of the Communist Party of China, at the Great Hall of the People in Beijing, China, 16 October 2022. (Thomas Peter/Reuters)

The most secretive party congress? Speculation around top leadership intensifies

As the 20th Party Congress continues, so does speculation on various key appointments, not least who will join the Politburo Standing Committee, and who will be China’s next premier and vice-premier. Zaobao correspondent Yang Danxu notes that news agencies are carrying various versions of this possible list — but which is more accurate and what does it tell of the CCP's future plans?
A man buys a soft drink from a vendor in the Bund promenade along the Huangpu River in Shanghai, China, on 23 August 2022. (Hector Retamal/AFP)

Street vendors making a comeback in Shanghai to boost ailing economy?

While still reeling from the economic impact of the Covid-19 pandemic, Shanghai has loosened its regulations on the street stall economy. Some believe that the move will breathe life back into the stalled city, while others think it is a stopgap that will do little to help its domestic economy bounce back. Zaobao correspondent Chen Jing tells us more.
An advertisement promoting Covid-19 vaccination is seen in Beijing, China, on 30 August 2022. (Bloomberg)

When will China end its zero-Covid policy and open up its borders?

With the impending 20th Party Congress in less than two months, Chinese authorities are stepping up their efforts to control the spread of Covid-19, with fresh lockdowns in China’s megacities over the past few days. Zaobao associate editor Han Yong Hong notes that despite calls to stabilise the economy, anti-epidemic efforts seem to take precedence, and are not likely to be eased even after the congress.
Showcasing rare masterpieces of Chinese ink, the Xiu Hai Lou Collection includes breathtaking pieces by major artists such as Ren Bonian, Qi Baishi, Xu Beihong and Zhang Daqian. (National Gallery Singapore)

Singapore’s Xiu Hai Lou Collection and what it tells us about late 19th-20th century Chinese art

Private collector Yeo Khee Lim (1917-1998) amassed one of the earliest and most comprehensive collections of late 19th-20th century Chinese art since he started collecting them in the 1940s and 50s. The stories in the collection — of literati painters, the Shanghai School, the Lingnan School, the Teochews and the Nanyang painters who passed through and lived on our shores — have been told before in exhibitions put up by Yeo himself and later by the National Gallery and others. But in a recent NTU conference on the life of Yeo Khee Lim, the importance of the prized collection comes back to the fore.