Shanghai raises downpayment requirements for home buyers

At the height of the frenzy, over 90 percent of cities surveyed in August reported new home price rises. Shanghai saw prices rise 37.8 percent year on year, according to the National Bureau of Statistics, raising concerns that a bursting property bubble ... ( read original story ...)

China’s LED Lighting Market Value Soars in 2016

During first half of 2016, LED companies revenue rose by nearly 40%. Buildings in The Bund in Shanghai. (LEDinside) The LED industry is becoming increasingly polarized and concentrated at the same time, said Wu. Rising downstream application demands ... ( read original story ...)