Chu Shijian, China’s Tobacco King, who went on to produce the country’s favourite oranges, has died, aged 91.

‘An extraordinary man’: China’s tobacco and orange king, entrepreneur Chu Shijian, dies aged 91

  • He made his name by turning Yuxi Tobacco Company – later renamed the Hongta Tobacco Group – into a thriving national tobacco giant in the 1980s and 1990s
  • He was also head of an orange-growing empire in a remote, mountainous area of Yunnan province, southwest China, called Chu Oranges
Topic |   China economy

TOP PICKS

Chu Shijian, China’s Tobacco King, who went on to produce the country’s favourite oranges, has died, aged 91.
READ FULL ARTICLE
The global car supply chain is long and complex, with many parts are made in China before then being sent to other countries for assembly into finished cars. Photo: Handout

US car tariffs would have ‘bigger effect’ on global economy than US-China trade war, says WTO economist

  • World Trade Organisation chief economist Robert Koopman warns that there would be a ‘big disruptive effect’ on supply chains and on consumers hoping to buy cars
  • Direct trade between the US and China accounted for just 3 per cent of global trade in 2017 compared to 8 per cent for the car sector including parts
Topic |   China economy

TOP PICKS

The global car supply chain is long and complex, with many parts are made in China before then being sent to other countries for assembly into finished cars. Photo: Handout
READ FULL ARTICLE