Chinese property developer Shimao Group said on Friday it would sell a hotel in Shanghai to state-owned Shanghai Land Group for 4.5 billion yuan ($707.83 million), as it seeks to reduce its debt amid ... ( read original story ...)
Production of one-dose vaccine starts in Shanghai
The production of a single-shot COVID-19 vaccine made by CanSino SPH Biologics Inc, the first novel coronavirus vaccine producer in Shanghai, was launched in the city on Thursday. "The vaccine, named ... ( read original story ...)
Zimbabwe: Jinding Mining and Shanghai Haoyun deny claims that mining operations have displaced villagers
A recent story published by The Guardian alleged that Chinese companies involved in granite mining in Zimbabwe have aroused fear and upset among local people. The article, titled "'They want to remove ... ( read original story ...)
Shimao Group to sell hotel to state-owned Shanghai Land Group for $708M – Reuters
In an effort to reduce debt amid an evolving real estate crises, struggling Chinese property developer Shimao Group (SIOPF) (SHMAY) considered to sell a Shanghai-based hotel ... ( read original story ...)
Nokia, China Mobile and MediaTek achieve new 5G Standalone speed record using Carrier Aggregation technology in Shanghai
Nokia, China Mobile (CMCC) and MediaTek today announced that they have successfully verified the world's first 3 Components (3CC) Carrier ... ( read original story ...)
China’s Shimao sells Shanghai hotel for $708 million to state-owned firm
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 Shanghai Land Group. The move comes on the same day ... ( read original story ...)
LA, Shanghai Announce Partnership Aimed at Reducing Shipping Emissions
The Port of Los Angeles announced a partnership with Shanghai Friday aimed at reducing greenhouse gas emissions during shipments between the largest ports in the U.S. and China. By the end of 2022, ... ( read original story ...)