Historically, these spaces were akin to populist pubs. Modern-day iterations allow for an individual retreat — among strangers — in a city lacking privacy. ( read original story ...)
Shanghai People Got Less Willing to Buy Housing in Third Quarter Amid Discounting Bets
Shanghai residents became less willing to buy housing in the third quarter, resulting in the largest quarterly drop ever, amid expectations of declining prices. The willingness index dived 31.5 points ... ( read original story ...)
Global Drugmakers’ Execs Talk About Shanghai Biopharma Sector’s Development at IBIWS
Executives from the world’s top pharmaceutical companies joined the International Biopharma Industry Week Shanghai 2021 to discuss the development of the city’s biopharmaceutical industry. Shanghai ... ( read original story ...)
Chinese net financial assets per capita at $14,258 in 2020: report
The gross financial assets of Chinese households increased 13.6 percent to 25,689 billion euros ($29,689 billion) in 2020, according to the 12th edition of the Allianz Global Wealth Report released by ... ( read original story ...)
Lenovo stock dropped by 17% after withdrawing Shanghai listing application
Lenovo's stock dropped by 17%. Huge loss for Lenovo. Chinese innovation monster pulled out its application for a 10 billion yuan ($1.55 billion) share. ( read original story ...)
One million affected, 15 dead in China floods
At least 15 people have died in China floods that have affected 1.7 million people and caused estimated losses worth more than $775 million, authorities said Tuesday. ( read original story ...)
New exhibition in Shanghai puts donated relics on display
A new exhibition at the Shanghai Museum, titled Harvest from Generosity: Gifts for the Shanghai Museum, features 145 treasured objects from the museum's collection of donated relics. Yang Zhigang, the ... ( read original story ...)