STORY: Fears about the economic slowdown are stopping Shanghai residents from buying property.Despite a raft of measures rolled out by the Beijing government this week to revive the economy and target ... ( read original story ...)
Housing regulators announce new financial perks in Shanghai
Shanghai's housing and financing regulators jointly announced on Friday that people who own no residential properties at the moment would be treated as first-time home buyers and would be able to ... ( read original story ...)
Ocean Family cancels IPO as Chinese market continues to sink under gloomy outlook
The continually worsening Chinese economy, amid increased scrutiny toward companies listed on stock exchanges, has prompted the cancelation of an initial public offering (IPO) listing from Ocean ... ( read original story ...)
China’s Shanghai Eases Mortgage Rules for First-Time Home Buyers
BEIJING (Reuters) - China's financial hub of Shanghai on Friday announced it would allow first-home home buyers to enjoy preferential mortgage rates regardless of previous credit records. The eased ... ( read original story ...)
Shanghai gives more homebuyers first-time status to boost market
Shanghai lowered mortgage requirements for some homebuyers following central government guidance, loosening barriers for property ownership in one of the country’s most prized locations. The city will ... ( read original story ...)
Shanghai Disney Resort to open third themed hotel
Shanghai Disney Resort has announced the commencement of construction of its third themed hotel in Shanghai, China. This addition is expected to strengthen the resort's reputation as a multi-day ... ( read original story ...)
Shanghai’s Former Chief Prosecutor Pleads Guilty in $6.6 Million Bribery Case
What’s new: Shanghai’s former top prosecutor has pleaded guilty to taking more than 48 million yuan ($6.6 million) in bribes, as China’s anti-corruption crackdown on law enforcement and the judiciary ... ( read original story ...)