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SOME OF THE finest infrastructure to be found between Singapore and Dubai lies in the south of Sri Lanka, close to the crashing waves of the Indian Ocean. Broad highways connect a deep-sea harbour to a silvery, angular convention centre and, further inland, to an elegant airport terminal with vaulted ...

JUST BEYOND CHARLIE CHEN’S perch, Shanghai looks every inch the global financial centre it aspires to be. Skyscrapers shimmer in the spring light, capped by the names of some of the world’s biggest banks and insurers. On the pavement below, smartly dressed workers scurry from the crowded rush-hour subway to ...

AT THE TIME, the “Five-Year Plan for a New Economy” seemed a courageous fresh start. The government vowed to wind down controls on interest rates, allow companies to borrow abroad, open domestic markets to foreign investors and sell its holdings in dozens of state-owned enterprises. Officials had promised at last ...

THE HEAD OFFICE of Sheyang Rural Commercial Bank is a reassuringly solid building. Its grey stone façade and arched doorways convey a feeling of prosperity, a splash of high finance in this small county town in eastern China where grain fields nip at the edges of factories. But look a ...

AFTER LI HUI’S husband died in a car accident a decade ago, she received an insurance payout of 800,000 yuan. The money could not begin to make up for his loss, but Ms Li, a soft-spoken pensioner, thought it would at least help tide her over for the rest of ...

Room for a few more HOTEL companies check out well just now. On May 3rd Hyatt became the latest chain to report sunny results—profits were up by 55% over the same quarter in 2015. In America RevPAR (revenue divided by rooms available in a given period) has risen for the past ...

WHEN Disney opens its newest theme park in Shanghai next month, one of the first sights to greet visitors will be the Enchanted Storybook Castle. Its gold finials and blue spires will tower 60 metres above the centre of the park, making the castle the largest in any of Disney’s ...

THE duty of large corporations is “not limited to ‘not being evil’”, argues People’s Daily, the bombastic mouthpiece of China’s Communist Party. The newspaper desires greater social responsibility at China’s internet-search firms. It apparently wants them actively to “stand up for the company’s ethics”. The publication’s wrath centres on Baidu, China’s ...

IN FOOTBALLING terms, Claudio Ranieri, an affable Italian, has found a way to turn water into wine. Mr Ranieri manages a club in England, Leicester City, which historically has not been very good. On May 2nd his team were crowned champions of the English Premier League, a competition more watched ...

The e-commerce giant said a revenue surge showed the power of the Chinese consumer, even as it faces the longer-term challenge of that country’s slowdown.