Chinese state-run media outlets are adding credence to speculation that an executive who helps wealthy families move their money to the US was among those detained last week for illegal currency ... ( read original story ...)
Intchains Group Limited Reports Second Quarter 2023 Unaudited Financial Results
Interest income increased by 66.3% to RMB4.4 million (US$0.6 million) for the second quarter of 2023 from RMB2.6 million for the same period of 2022, mainly attributable to the increase in our cash ... ( read original story ...)
China’s Latest Issue: Nobody Wants To Go There Anymore
Shanghai’s and Beijing’s airports are nearly deserted. Foreign investment is down 80 percent. Yet we all benefit from the exchange between cultures. ( read original story ...)
A major Chinese trust firm missed payments, adding to Beijing’s financial concerns
A trust linked to one of China’s wealth management giants has failed to make payouts on dozens of products in another sign of trouble in the country’s economy. Multiple clients at Zhongrong ... ( read original story ...)
Delta Air Lines Announces Winter Expansion Of Flights To Shanghai
Delta announced today that beginning October 29 it will offer ten weekly flights to Shanghai-Pudong International Airport. ( read original story ...)
Stock market today: Asia shares decline as faltering Chinese economy sets off global slide
Asian shares have declined amid worries over discouraging data on China, as well as over the future of the U.S. economy ... ( read original story ...)
Bibliophiles’ delight as Shanghai Book Fair opens new page
The Shanghai Exhibition Center is a sea of knowledge during the Shanghai Book Fair, which opened on Wednesday and will last through Tuesday. The 19th Shanghai Book Fair raised its curtain today at the ... ( read original story ...)