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Category: BUSINESS

Posted on 06/04/2023

Shanghai offers cash sweeteners worth millions of dollars to attract hi-tech manufacturing projects, restore confidence in China’s economic ‘dragon head’

The commercial hub is offering cash awards of up to 100 million yuan (US$14.53 million) to attract projects in key sectors such as artificial intelligence and biotechnology The move forms part of ... ( read original story ...)

Posted on 05/04/2023

China’s European firms warn ‘on-off economy’, Covid lockdowns cloud business outlook

"We need the business environment to become again predictable - an environment ... The lockdown and subsequent chaos in Shanghai, where the headquarters of many European firms are located, has been ... ( read original story ...)

Posted on 03/04/2023

Global investment conference to be held in Shanghai, presenting urban allure

Shanghai, a well-established destination for investment from ... and relevant personnel from international business associations. Representatives from various companies such as state-owned enterprises ... ( read original story ...)

Posted on 03/04/2023

Lord Sugar enjoys payout after selling stake in The Apprentice star’s business

The business magnate cashed in after a £200,000 investment into Tropic Skincare, founded by entrepreneur Susie Ma. ( read original story ...)

Posted on 03/04/2023

Shanghai expat exodus shows ‘zero-COVID’s’ enduring scars

A year after the lockdown that made Shanghai a byword for all that was ... are leaving and foreign investment and business activity in the metropolis have also dwindled. “It was just nonsense. ( read original story ...)

Posted on 03/04/2023

Shanghai Party Secretary meets with global business leaders

Shanghai Party Secretary Chen Jining, met with Tim Cook, CEO of Apple, Mark Schneider, CEO of Nestle, and Rainer Blair, global president and CEO of Danaher Corporation respectively, on Wednesday ... ( read original story ...)

Posted on 30/03/2023

Alibaba to decide on control over new business units after IPOs

Alibaba Group's breakup into separate companies will allow its business units to become more agile and eventually list on their own, the tech conglomerate's chief executive Daniel Zhang said on ... ( read original story ...)

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