In a July 15 research note, Deutsche Bank’s chief investment office called the consumption outlook “bleak”. But the outward facing story is very different. Exports rose 8.6% year on year in June, with ... ( read original story ...)
C919 production to ‘greatly improve’ as Shanghai eyes R&D, industrial chain uplift
Shanghai is seeking to usher in a boom in aircraft manufacturing and development with a raft of fresh policies to support production of China’s C919. ( read original story ...)
Virgin suspending Shanghai flights
Virgin Atlantic said it will halt its only China route with the suspension of Shanghai flights from late October ... ( read original story ...)
Huawei opens $1.4bn Shanghai research centre, complete with 104 cafes
Chinese tech company Huawei has completed work on its $1.4bn research and development hub near Shanghai, the South China Morning Post reports. ( read original story ...)
Humanoid robots trained at Shanghai’s bank
Recently, China's first bank lobby manager scene training base for intelligent humanoid robots was launched in Shanghai. The robots participating in the training have a highly bionic torso and ... ( read original story ...)
PwC weighs halving of China financial services audit staff, say sources
PricewaterhouseCoopers (PwC) is considering slashing up to half its financial services auditing staff in China, two people with knowledge of the matter said, as a regulatory investigation and an ... ( read original story ...)
Huawei is building a R25-billion chip centre in Shanghai
The park, which will be Huawei’s largest research centre globally, will house about 30 000 personnel, according to statements on the Shanghai government’s website. The site in Qingpu district covers 1 ... ( read original story ...)