Chinese youngsters limited in their ability to travel due to coronavirus restrictions have come up with creative ways of pretending they're somewhere else. ( read original story ...)
Shanghai aluminum drops to 2-month low as coal prices tumble
Shanghai aluminum hit on Wednesday a two-month trough while the London contract fell to a seven-week low as a drop in coal prices eased trader concerns over supply shortage of the metal. Aluminum ... ( read original story ...)
Stabilising Infrastructure FAI to Mitigate China’s Weakening Property Investments
Fitch Ratings-Shanghai/Beijing-27 October 2021: China is likely to accelerate infrastructure fixed-asset investment (FAI) in 4Q21, to cushion against weaker investment by property developers, says ... ( read original story ...)
Asian Stock Market: Hang Seng led declines amid China’s property sector concern
Asia-Pacific stocks edge lower amid reduced risk appetite ahead of major central banking policy updates. Further, investors remained concerned about higher inflation and the indebted real estate ... ( read original story ...)
Shanghai pushes forward digital yuan program, expands usage to promote financial technology
Shanghai will push forward a digital yuan pilot program, which will cover a number of sectors including offline and online payment and public transport, in order to promote the development of new ... ( read original story ...)
Expansion of electronics production in Shanghai / More parts for automated driving
German lighting specialist Hella (Lippstadt; said it plans to double production capacity at its electronic components plant in Shanghai with an investment on the high end of tens of million of euros. ( read original story ...)
Shanghai Starts Trial to Clear Hidden Debt as China Cuts Risks
The city of Shanghai launched a trial to eliminate all so-called hidden government debt, becoming the second Chinese region to start a program to clean up off-balance sheet risk. ( read original story ...)