Chinese stocks sunk into a bear market Tuesday, and analysts expect losses to deepen as concern over China’s economy, yuan weakness and a trade feud with the U.S. continue to rattle investors. The Shanghai Composite Index closed at 2,844.51 points ... ( read original story ...)
One Asian Stock Market is Resisting the Trade War Selloff
Chinese stocks led the way, with the Shanghai Composite Index falling 1.1% and Hong Kong ... But India, Asia’s third-largest economy, is an outlier. There, a resilient stock market makes it hard to recognize the threat of a trade war. ( read original story ...)
Fearing Yuan’s Slide, China Puts New Limits on Property Companies’ Bonds
SHANGHAI—China’s top economic planning body has told the country’s heavily indebted property companies to curb their issuance of dollar-denominated bonds, a sign of Beijing’s concern about the side effects of the yuan’s recent slide. In a ... ( read original story ...)
Chinese-Norwegian financial cooperation seminar held in Shanghai
Financial experts, government officials and entrepreneurs from both China and Norway attended a seminar in Shanghai on Wednesday to further strengthen financial cooperation between the two countries. The seminar was organized by the Norwegian Consulate ... ( read original story ...)
In-flight Wi-Fi services to be available by year’s end, at a cost
Top Chinese airlines, including China Eastern Airlines and Hainan Airlines, will charge passengers for in-flight Wi-Fi services from the end of this year, China Telecom told Shanghai Daily today. After equipment upgrades and system tests, Wi-Fi services ... ( read original story ...)
Huawei’s Wi-Fi Network with High Bandwidth and Low Latency Supports the Migu Health and Fitness Festival
[Shanghai, China, June 28, 2018] At MWC Shanghai 2018, as the sole partner for Wi-Fi network coverage in the Migu Health and Fitness Festival exhibition hall, Huawei uses the CloudCampus solution to provide high-quality Wi-Fi network access for various ... ( read original story ...)
Cleaver-wielding man slashes three boys – killing two – in a revenge attack near a primary school in Shanghai
Police said the attacker, new to Shanghai and unemployed, carried out the attack 'to take revenge on society'. Further investigations are underway. Two of the boys died at the hospital. Another boy and the woman survived and did not have life-threatening ... ( read original story ...)