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Month: November 2024

Posted on 13/11/2024

SpaceX’s ambitious plan takes off to fly NYC to Shanghai in this incredibly short time

With a maximum speed of 16,700 mph, this spacecraft would turn the usual 15-hour flight from New York to Shanghai into a 39-minute journey. A teaser video SpaceX released in 2017 shows passengers ... ( read original story ...)

Posted on 13/11/2024

Seminar on Xi’s remarks about city development held in Shanghai

SHANGHAI -- A seminar on the study and implementation of the important remarks that Xi Jinping, general secretary of the Communist Party of China (CPC) Central Committee, has made about work related ... ( read original story ...)

Posted on 12/11/2024

China Plans to Slash Homebuying Taxes in Fiscal Stimulus

China is planning to cut taxes for home purchases as the government dials up fiscal support to revive a moribund housing market, according to people familiar with the matter. Regulators are working on ... ( read original story ...)

Posted on 12/11/2024

World’s Second Longest High-Speed Rail Project Hits Milestone

The same company behind the project is also in the process of developing the world's longest undersea high-speed rail tunnel project. ( read original story ...)

Posted on 12/11/2024

Chinese Stocks Close Down, Brace for More Volatility Amid Wait for Stimulus

Chinese shares closed lower, dragged by insurance and semiconductor stocks. The benchmark Shanghai Composite Index fell 1.4% to 3421.97, the Shenzhen Composite Index dropped 0.8% and the ChiNext Price ... ( read original story ...)

Posted on 12/11/2024

China Market Update: The Tale Of Two Chinas And Their Investors’ Returns

Asian equities were overall lower on a stronger U.S. dollar overnight, as Mainland China outperformed while Hong Kong and South Korea underperformed. ( read original story ...)

Posted on 12/11/2024

Stock market today: Asian shares mostly decline, shrugging off Wall Street’s rally

Asian shares mostly fell Tuesday, despite a rally on Wall Street in stocks seen as benefiting the most from Donald Trump’s reelection as U.S. president. Japan's benchmark Nikkei 225 reversed early ... ( read original story ...)

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