China Briefing by Wang Xiangwei
From Ant to Didi and private education firms, China stock rout is a mess of its own making
- Sudden clampdowns on tech and tutoring firms, announced with little to no warning or explanation, have spooked investors and sparked sharp sell-offs
- Chinese leaders should publicly communicate rationale, pay attention to market sentiment and give professionals latitude to get ahead of issues of global impact
Wang Xiangwei was the Post's editor-in-chief from 2012-2015. He started his 20-year career at the China Daily, before moving to the UK, where he worked at a number of news organisations, including the BBC Chinese Service. He moved to Hong Kong in 1993 and worked at the Eastern Express before joining the Post in 1996 as China business reporter. He became China editor in 2000 and deputy editor in 2007, a position he held for four years prior to being promoted to Editor-in-Chief. He has a master's degree in journalism, and a bachelor's degree in English.