NEW YORK, NY / ACCESSWIRE / October 27, 2023 / Shanghai has instilled confidence in its business environment among foreign companies, according to executives attending the 35th International Business ... ( read original story ...)
Shanghai opens data economy industrial park in pilot free-trade zone Lingang amid China’s AI push
The International Data Economy Industrial Park aims to draw more than 100 leading data firms with a combined output of over 100 billion yuan by 2025 The park will serve as a stress test for China's ... ( read original story ...)
AMD says it is implementing ‘optimisation and restructuring’ at its China chip business but denies huge lay-off rumours
AMD denies huge job cut rumours and says it is optimising China business based on a corporate strategy adjustment. ( read original story ...)
Nomura reassesses mainland China business plan as losses mount
Nomura Holdings said on Thursday it is reassessing its mainland China business, as losses mount at its Shanghai-based securities joint venture in another blow to the top Japanese investment bank's ... ( read original story ...)
Shanghai’s hi-tech park rents fall as the economic slowdown bites but landlords keep the faith eyeing tenants’ strong business prospects
Rental rates at Shanghai’s hi-tech parks have slipped this year in a slowing economy, but as the city steps up efforts to bolster sectors like semiconductor, artificial intelligence (AI) and biotech, ... ( read original story ...)
Western Business Sours On China – Dramatically So
Increasing numbers of American and European businesspeople are getting fed up with the business environment in China. ( read original story ...)
Shanghai’s GDP Grows 6% in First Nine Months
According to data released by the Shanghai Municipal Bureau of Statistics, the GDP expanded to CNY3.3 trillion (USD451 billion) in the first nine months. The output value of Shanghai’s NEVs, renewable ... ( read original story ...)