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Month: January 2023

Posted on 17/01/2023

Shanghai’s status as a global fashion, retail hub consolidated with new arrivals

A total of 1,073 new store formats and new brand openings were recorded in the past year, according to the latest ranking by DataQuest, a local commercial real estate consultancy. Fashion, trendy ... ( read original story ...)

Posted on 17/01/2023

China Evergrande’s auditor quits on disagreement around 2021 audit-related matters

Embattled property developer China Evergrande on Monday said that its current auditor, PricewaterhouseCoopers (PwC), has resigned as the parties disagreed over the timeline and scope of work ... ( read original story ...)

Posted on 17/01/2023

Shanghai starts metaverse services at 20 urban spots as part of pilot program

VCG. Twenty urban spots in Shanghai have now become "major metaverse application scenarios," according to a recent announcement from the Shanghai Municipal Commis ... ( read original story ...)

Posted on 16/01/2023

Madame White Snake: An opera troupe fights eviction in Shanghai

Zhou Guixiang is the leader of a dilapidated opera theatre in one of Shanghai’s last remaining informal housing settlements. Having endured dwindling audiences and soaring rent for decades, Zhou and ... ( read original story ...)

Posted on 16/01/2023

Asian Shares Rise Led By China On Recovery Hopes

Asian stocks ended broadly higher on Monday after Chinese health officials said COVID fever and emergency hospitalizations have ... ( read original story ...)

Posted on 16/01/2023

Asensing to build manufacturing facility in Shanghai

In five years, its R&D and production staff at the manufacturing base will number around 1,000, said the company. On the same day, Asensing also unveiled a research facility in Lin-gang. Li Rongxi, ... ( read original story ...)

Posted on 16/01/2023

UPDATE 1-China’s central bank injects fresh funds through medium-term loans, rate unchanged

China's central bank stepped up liquidity injections on Monday, offering more loans to some banks through its medium-term lending facility - a move that comes ahead of the Lunar New Year when ... ( read original story ...)

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