China's GDP, fixed-asset investment and industrial production numbers all beat expectations, restoring confidence in the strength of the world's second largest economy, and driving the Shanghai stock market index nearly 1% higher overnight. Europe's ... ( read original story ...)
Hong Kong stock market hits record on upbeat China data
compared with a valuation multiple of 14.6 times for the 51-stock Hang Seng Index. "Investors are inclined to invest in shares with lower valuations when the market is on a rising trend," said Linus Yip, chief strategist at First Shanghai Securities in ... ( read original story ...)
Banking and infrastructure firms power China stocks to two-year highs
SHANGHAI: China stocks climbed on Thursday to end at two-year highs, underpinned by robust gains in banking and infrastructure firms. Share markets closed just as Chinawas announcing that it had annual economic growth of 6.8 per cent in October-December. ( read original story ...)
Shanghai housing market to rebound in 2018
A pedestrian walks past a property agency in Shanghai. [Photo by Zhang Peng/For China Daily] The residential housing market in Shanghai continued to contract due to limited supplies and lending restrictions during the fourth quarter of 2017, according to ... ( read original story ...)
Workers at Apple supplier Catcher Technology describe harsh conditions
At a Catcher Technology manufacturing complex in the Chinese industrial city of Suqian, about six hours’ drive from Shanghai, workers stand for up to 10 hours a day in hot workshops slicing and blasting iPhone casings for Apple, handling noxious ... ( read original story ...)
Dense fog shrouds Shanghai, flights diverted
The fog was caused by a drizzle on Monday night that increased the humidity in the air, said the city's weather bureau. Despite the fog, Shanghai's air quality on Tuesday morning was good, with PM2.5 staying below 50. CHINA DAILY/ASIA NEWS NETWORK ( read original story ...)
Shanghai caps population to combat “big city diseases”
Shanghai’s population is now nearly three times bigger than New York City’s. That has implications for things like traffic. Pedestrians need to constantly be on alert. Even if a traffic light is green, electric bikes and bicycles will still be moving ... ( read original story ...)