Toyota Motor has decided to build a new factory to produce electric vehicles in China, the Nikkei business daily reported on Monday. Toyota has worked in China via joint ventures with local ... ( read original story ...)
Shanghai spearheading modernization in urban governance
Photo by Wang Gang/For China Daily] Shanghai's recent efforts in urban governance have marked a significant step toward modernizing China's city management system. At the heart of these innovations ... ( read original story ...)
DBS sees OUE REIT’s divestment of Shanghai property a positive move
According to OUE REIT on Dec 20, it plans to divest its 91.2% stake in Lippo Plaza Shanghai for RMB 1.92 billion ($357 million) and at an agreed property value of RMB 1.68 billion. ( read original story ...)
Stock Market Today: Asian Shares Are Mostly Higher After Wall Street Rally Caps a Dismal Week
BANGKOK (AP) — Shares mostly gained in Asia on Monday after U.S. stocks capped a mostly dismal week with a broad rally that still left the benchmark S&P 500 down 2% for the week. U.S. futures and oil ... ( read original story ...)
Shanghai metro line partially reopens after crash
Shanghai authorities have partially reopened a metro line which was closed on Sunday morning after a train smashed into a fallen crane on the track. The train was badly damaged but no injuries were ... ( read original story ...)
Tower crane construction causes damage to Shanghai Metro Line 11; working group dispatched
External construction caused damage to equipment and trains on Metro Line 11 in Shanghai, forcing trains to stop between stations on Sunday morning. Metro authorities promptly organized emergency ... ( read original story ...)
Moving train hits crane in Shanghai
A train was badly damaged after it crashed into a crane in Shanghai on Sunday morning. No one was injured in the accident. Footage circulating online apparently captured the dramatic moment, when the ... ( read original story ...)