Following China’s introduction of its first tax free refund service for overseas tourists to reclaim 9% on all purchases in Shanghai, the Bank of China (BOC) has announced a new partnership with Global Blue to help manage the process. At the same time ... ( read original story ...)
Gus Poyet named Shanghai Shenhua coach as former Sunderland manager joins Chinese Super League giants
Gus Poyet has been named as the new head coach of Chinese Super League club Shanghai Shenhua. The former Brighton and Sunderland manager has replaced Spaniard Grergorio Manzano with Shenhua bosses underwhelmed by the team's fourth-placed league finish last ... ( read original story ...)
Animal Selfies Banned in Shanghai Wildlife Park
The Shanghai Wildlife Park has stopped the picture-taking with tiger cubs after a video of a zookeeper allegedly abusing the cub went viral. The video that angered netizens shows the male animal keeper placing the cub on the lap of the boy who pushed the ... ( read original story ...)
Shanghai, Tianjin raise down payment requirements for home buyers
Shanghai has raised the minimum required down payment and home buyers are now required to pay additional interest on loans, while banks have been ordered to tighten their purse strings, as authorities move to rein in runaway house prices in the metropolis ... ( read original story ...)
SURVEY: Hong Kong and Shanghai business leaders are positive about Trump presidency
The business communities of two of Asia’s top financial centres are “mainly positive about the Donald Trump presidency”, reveals a new survey by one of the world’s largest independent financial advisory organizations. The survey, carried out by ... ( read original story ...)
Shanghai, Tianjin step up home buying curbs to cool red-hot market
[SHANGHAI] Shanghai, China's financial hub, has raised the minimum required down payment and tightened eligibility for buyers of first homes in its latest move to cool a red-hot property market, state media reported on Tuesday. Home and residential land ... ( read original story ...)
Shanghai Jahwa replaces boss again
Customers walk by cosmetics products from Shanghai Jahwa United Co Ltd at an industry fair in Fuzhou, Fujian province. [Photo provided to China Daily] A leading company with famous consumer brands, Shanghai Jahwa United Co Ltd said it had replaced its top ... ( read original story ...)