In Shanghai last year, a two-door battery electric Chery eQ cost ... as foreign manufacturers can access subsidies only via joint ventures with local partners, producing cars under new made-for-China brand names such as Denza. But those brands lack the ... ( read original story ...)
‘BRICS cooperation to be strengthened during Chinese presidency’
Shanghai, Jan 14 (IANS) Indian banker and New Development Bank chief (NDB) K.V. Kamath has said that cooperation between the five BRICS countries will be strengthened during Chinese presidency over the bloc in 2017. Kamath made the comment in an interview ... ( read original story ...)
CHINA: Shanghai Comp down another -0.2% and @Hedgeye remains bearish of it
2016) In Asia 7 out of 11 markets closed lower: Shanghai Comp +1.11%, Hang Seng +.. 2016 Asian markets mixed on Wednesday after US reaches new highs, Shanghai Composi.. 2016 In Asia 6 out of 11 markets closed higher: Shanghai Comp -0.49%, Hang Seng -0.. ( read original story ...)
Factory makes giant inflatable 'Trump-like' roosters
A giant inflatable rooster widely perceived in China to resemble U.S. president-elect Donald Trump is inflated at a factory in Jiaxing near Shanghai, Friday, Jan. 13, 2017. The factory Yifang Inflatables began selling the inflatables after images of a ... ( read original story ...)
BRIEF-Shanghai New Culture Media Group sees 2016 net profit up 5 pct to 20 pct
Jan 13 Shanghai New Culture Media Group : * Sees net profit for 2016 up 5 percent to 20 percent, or to be 260.6 million yuan to 297.8 million yuan * Says the net profit of 2015 was 248.2 million yuan Source text in Chinese: goo.gl/SMMaFN Further company ... ( read original story ...)
China’s property curbs seen giving mainland A shares a boost
“We should never underestimate the power of speculative capital in China.” In 2009, the Shanghai stock market indicator soared 80 per cent buoyed by the inflow of speculative capital. In a research report, the Chinese Academy of Social Sciences ... ( read original story ...)
Have China's Property Rules Led to Rise in Divorces?
Housing prices in big cities such as Beijing, Shanghai and Shenzhen, have soared nearly 25 percent since 2015. Property market distortions have led many Chinese families to make some extreme decisions -- like getting a divorce to become eligible home buyers. ( read original story ...)