Shanghai Jahwa replaces boss again

Customers walk by cosmetics products from Shanghai Jahwa United Co Ltd at an industry fair in Fuzhou, Fujian province. [Photo provided to China Daily] A leading company with famous consumer brands, Shanghai Jahwa United Co Ltd said it had replaced its top ... ( read original story ...)

Shanghai raises home downpayment requirements

Home buyers in Shanghai are now required to make mortgage downpayments and pay additional loan interest, while banks have been ordered to tighten purse strings, as authorities move to rein in runaway house prices in the metropolis. According to a notice ... ( read original story ...)

Shanghai steps up property curbs for the third time this year

Shanghai municipality has stepped up curbs on property purchases for the third time this year, amid central government discontent that the city’s home prices have not fallen since the last tightening in October. Under a new round of regulations announced ... ( read original story ...)

Shanghai sets up online gaming association

SHANGHAI - Online gaming companies in Shanghai have set up an association to promote the healthy development of the industry. According to the association, founded over the weekend, Shanghai has 600 online gaming enterprises, employing about 60,000 people ... ( read original story ...)