What started out as a craft beer brewery known as Shanghai Love has evolved over the last five years into a beverage brand with a full lineup of spirits, mixed drinks and bottled bevvies. And then ... ( read original story ...)
China’s draconian one-child policy has led to a disastrous baby bust
The National Bureau of Statistics reported that only 10.62 million babies were born last year, down from 12.02 million in 2020, and the lowest number in recorded history. ( read original story ...)
China’s Shimao Group sells hotel for $708 million to Shanghai Land Group
Shimao, which defaulted on a trust loan earlier this month, said it will sell an entity whose principal asset is the Hyatt on the Bund hotel to the Sh.. ( read original story ...)
Shanghai’s auto exports hit record high
The number and value of exported cars of Shanghai hit record highs in 2021 the municipal customs said Saturday Last year Shangh ... ( read original story ...)
Salary cut, reversal of bonuses indicate China’s ‘worsening’ financial conditions
Witnessing severe belt-tightening by the government millions of Chinese civil servants are wary about around 25 per cent cut in their salaries while teachers a ... ( read original story ...)
China’s Shimao sells Shanghai hotel for US$708 million to state-owned firm
Chinese property developer Shimao Group said on Friday (Jan 28) it would sell a hotel in Shanghai to state-owned Shanghai Land Group for 4.5 billion yuan (US$707.83 million), as it seeks to reduce its ... ( read original story ...)
HanBio Therapeutics Announces the Completion of a US$40 Million Series A Financing Led by OrbiMed and Hankang Capital
HanBio Therapeutics ("HanBio"), a biotechnology company committed to researching and developing next generation transformative medicines, today announced that it has completed a US$40 million Series A ... ( read original story ...)