Category: BUSINESS

Shanghai, the megacity that’s been the epitome of mainland ... in a sign that growing protectionism, rising costs and a tougher business environment are pushing global companies to look elsewhere. Contracted foreign funds, an indicator of future ... ( read original story ...)

U.S. drug distributor Cardinal Health has put its China business up for sale, drawing keen interest from state-backed Chinese pharmaceutical firms in a deal that may be worth up to $1.5 billion, sources familiar with the matter said. Shanghai ... ( read original story ...)

Delta relaunched service between Atlanta and Seoul last month. Gov. Nathan Deal said in a written statement that the Shanghai route would boost tourism and business connections. “The flight will help shorten supply chains for our companies and give them ... ( read original story ...)

North Vancouver’s Grouse Mountain Resorts is under contract to be sold in a deal expected to finalize in the coming days, company officials confirmed Thursday. The property has been on the market since September 2016 when the current owners, the ... ( read original story ...)

Shanghai’s most senior official appeared to give his tacit ... play a decisive role in a new business Cao Hua, partner, Unity Asset Management According to the state-owned Labour Daily, the number of bikes used in the schemes surpassed 1 million recently ... ( read original story ...)

According to the American Chamber of Commerce in Shanghai, the majority of its 400 survey respondents believe that the mainland government still favours local companies over foreign businesses. The finding by the US business lobbying group added to ... ( read original story ...)

Shanghai Tang, founded in Hong Kong by Sir David Tang in 1994 ... before expanding the fashion house into a lifestyle business selling accessories, household goods and even custom designed bicycles. Richemont bought the brand four years later, further ... ( read original story ...)