CP will be adding key positions in China to work with current and prospective customers to sustainably grow CP's business and theirs. Heinz, who has over 23 years' experience managing negotiations of multi-million dollar transportation contracts with ... ( read original story ...)
China’s regulator pours cold water on debt-fuelled land purchases, starting with Shanghai
Banks must comply with current policies on M&A loans and ensure these funds aren’t used in deals where land is the main underlying asset, according to a January 24 circular by the Shanghai branch of the China Banking Regulatory Commission (CBRC ... ( read original story ...)
Shanghai foreign investment falls for 1st time in 18 yrs
SHANGHAI - Foreign investment into Shanghai in 2017 dropped for the first time in 18 years due to control measures in the property and financial service industries. China's financial and business center received $17 billion of foreign investment last year ... ( read original story ...)
Australian company hails Shanghai police as scam money recovered
demanding funds for a business merger, police said. Police at the Free Trade Zone in Shanghai received a report of the case since the scam account, which was an offshore bank account, was opened at a Shanghai Pudong Development Bank branch. In the end ... ( read original story ...)
Shanghai edges closer to building a Hong Kong-style free port as it mulls experimental reforms
But two local officials said it would take a long time before Shanghai becomes a thriving free marketplace since it was difficult for government authorities to entirely relinquish their roles in directing business activities. ( read original story ...)
World’s largest subway system goes cashless as Shanghai Metro adopts QR code
From this weekend, Shanghai metro users will no longer need to worry about leaving their public transport cards at home or losing them, or queuing for tickets, as the world’s largest subway system is introducing a quick response (QR) code for mobile ... ( read original story ...)
Sony bullish over business in China
Sony Corp expects its business in China to grow strongly this year amid a market of 230 million middle-class consumers who are upgrading their consumption patterns, the company's China president said yesterday in Shanghai. In the first half of Sony's ... ( read original story ...)