People in Shanghai can now plan their own funerals by signing a prepaid contract with a funeral services provider detailing arrangements for their last rites. "Many young people in China are the only child in their family, so a young couple needs to take ... ( read original story ...)
Shanghai Stocks Fall, But Global Banking Organizations Project Continued Growth in China
The Shanghai Composite Index slipped 4.9 points, or 0.16 percent to start the week, closing at 3,118.08 points on relatively light volume of 154 million shares. The Shenzhen Composite Index likewise closed lower today, sinking 0.38 percent. The spark that ... ( read original story ...)
Ramen park opens in Shanghai with seven Japanese eateries
SHANGHAI – A theme park featuring seven popular Japanese ramen restaurants opened at Joy City shopping mall in Shanghai on Monday. The restaurants, selected from such regions as Hokkaido and Fukuoka prefectures, will offer local ramen to Shanghai ... ( read original story ...)
China central bank to count off-balance sheet wealth management products in assessing banks' risk: sources
SHANGHAI China's central bank will tighten supervision of shadow banking businesses by including off-balance sheet wealth management products (WMPs) into its risk-assessment framework next year, sources with direct knowledge of the matter told Reuters. ( read original story ...)
China central bank presses banks to help with funds after interbank lending freezes: Caixin
SHANGHAI China's central bank stepped in to urge major commercial banks to lend to non-bank financial institutions on Thursday afternoon after many suspended interbank operations amid tight liquidity conditions, Caixin reported on late on Thursday. ( read original story ...)
Chelsea transfer news: £52m China Oscar move leaves Blues stunned as Shanghai SIPG don't actually want him
Oscar is on the verge of a £52m move from Chelsea to Shanghai SIPG despite the Chinese club unsure of his worth Getty Nobody at Chelsea could quite believe the deal they were being offered. Shanghai SIPG, the club that had finished third in this year’s ... ( read original story ...)
Brisbane 'comes of age' with first-ever direct flights to Shanghai
The return flight was scheduled to land in Shanghai at 8pm China time. Queensland industry figures said the direct flights were a "coming of age" announcement for Queensland in the China market and strong news for business, tourists, international students ... ( read original story ...)