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Category: BUSINESS

Posted on 31/10/2023

Shanghai attacks ‘wet waste’ with facility to turn kitchen garbage into useful materials, boost industrial development

The US$227 million plant will be able to handle 2,000 tonnes of kitchen garbage per day, turning it into compost or methane. ( read original story ...)

Posted on 27/10/2023

Global Corporate Leaders Express Confidence in Shanghai’s Business Environment

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 ...)

Posted on 27/10/2023

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 ...)

Posted on 27/10/2023

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 ...)

Posted on 26/10/2023

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 ...)

Posted on 25/10/2023

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 ...)

Posted on 24/10/2023

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 ...)

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