Shanghai residents became less willing to buy housing in the third quarter, resulting in the largest quarterly drop ever, amid expectations of declining prices. The willingness index dived 31.5 points ... ( read original story ...)
Factbox: Upcoming coupon payments by Chinese property developers
China Evergrande Group on Tuesday missed its third round of bond payments in three weeks, intensifying market fears over contagion involving other property developers as a wall of debt payment ... ( read original story ...)
UPDATE 3-China’s property sector stalked by Evergrande default fears
Debt-saddled Chinese property firms took heavy fire in bond markets on Tuesday, after the poster child of the sector's woes, Evergrande Group, missed its third round of bond payments in as many weeks ... ( read original story ...)
In Shanghai, Teahouses Offer Both Community and Solitude
Historically, these spaces were akin to populist pubs. Modern-day iterations allow for an individual retreat — among strangers — in a city lacking privacy. ( read original story ...)
China Starts Inspection of Financial Regulators, State Banks
China is inspecting the nation’s financial regulators, biggest state-run banks, insurers and bad-debt managers for the first time in six years to root out corruption in its $54 trillion financial ... ( read original story ...)
Shanghai People Got Less Willing to Buy Housing in Third Quarter Amid Discounting Bets
Shanghai residents became less willing to buy housing in the third quarter, resulting in the largest quarterly drop ever, amid expectations of declining prices. The willingness index dived 31.5 points ... ( read original story ...)
Global Drugmakers’ Execs Talk About Shanghai Biopharma Sector’s Development at IBIWS
Executives from the world’s top pharmaceutical companies joined the International Biopharma Industry Week Shanghai 2021 to discuss the development of the city’s biopharmaceutical industry. Shanghai ... ( read original story ...)