Chinese authorities evacuated more than 400,000 people in Shanghai as the most powerful typhoon in 75 years bore down closing airports and disrupting rail and road travel. ( read original story ...)
China Property Shares Plunge After Removal From Stock Connect
Shares of some Chinese developers dropped in Hong Kong after they were made inaccessible to investors in the mainland, marking another setback for the beleaguered sector.Most Read fromHow Americans ... ( read original story ...)
Pets, sports, and Disney might end up rescuing China’s ailing consumer economy
China's pets, sports, and cultural IP economies are poised for rapid growth, with supply currently lagging huge demand in those markets, BofA says. ( read original story ...)
IKEA Expands In Asia As Its Revs Up Meeting Place Growth
Swedish retail giant IKEA and sister property business Ingka Centres are to accelerate expansion in Asia this month with Livat Shanghai to open and Delhi breaking ground. ( read original story ...)
China’s ultra-rich are snatching up luxury homes in bet on first-tier cities, defying property crisis in country
Linda Wang, a 30-year-old Shanghai native, bought a 186-square metre new home in the city’s downtown Xuhui district at 26.4 million yuan (US$3.7 million) on August 29, after she and her family sold ... ( read original story ...)
Where Shanghai’s elite once hobnobbed, memories of a glamorous past persist
Nanchang Road once thrived as an old Shanghai social hotspot, where the elite rubbed shoulders at what was once a German country club, shopped in the Nanchang Building and relaxed in Fuxing Park. ( read original story ...)
Iron ore tumbles back below US$100 as China property woes deepen
THE price of iron ore fell back below US$100 a tonne to snuff out a rebound, as pessimisim over China’s economic prospects weighed on industrial commodities. Read more at The Business Times. ( read original story ...)