At the heart of why consumers in China save so much and spend so little, and why Xi Jinping and Donald Trump will struggle to change that behavior even if they want to, lies the country’s stock market ... ( read original story ...)
China steps up tax crackdown on overseas investments
Wealthy individuals are rethinking trading strategy as Beijing tries to fill its coffers to counter economic pressure ... ( read original story ...)
Starbucks struggles to find a new identity in cut-throat China
Western brands have been losing ground to local names amid rising nationalism and reluctance to pay premiums for brands. Read more at straitstimes.com. Read more at straitstimes.com. ( read original story ...)
Ex-NHLers Spooner & Merkley Sign With Shanghai
Canadian former NHL forwards Ryan Spooner and Nick Merkley have signed one-year contracts to play for the Shanghai Dragons, the Chinese-based KHL club announced on Saturday. ( read original story ...)
China breaks neutral atom quantum record, showcasing AI’s role in next-gen computing
The quantum research team at the University of Science and Technology of China (USTC) has set a new world record. Academic administrator Jianwei Pan and Professor Chao-Yang Lu from USTC collaborated ... ( read original story ...)
Tesla planning to open Megapack factory in Shanghai – Fox Business
Tesla Inc. is working on constructing a new Megapack factory in Shanghai, China to supplrment the output of the company's company's Lathrop, California Megafactory, Elon Musk said. ( read original story ...)
In Shanghai, Covid Is Separating Parents From Children – The New York Times
Photos and video that showed young children isolated from their families and crying at a Shanghai hospital led to an outburst of anger online on Saturday, as China’s largest city struggled to ... ( read original story ...)