The gamblers use accounts of overseas gambling websites to transfer money, making the investigation very difficult, according to Zhang Zhe, an officer with the Baoshan branch of the bureau, at a press ... ( read original story ...)
Shanghai’s SOEs serve as backbones of the economic development
Shanghai's state-owned enterprises have played a large role in bolstering economic and social development. In 2021, local state-owned enterprises in the city posted total assets, operating revenues, ... ( read original story ...)
China property shares, bonds slump as CIFI default report adds to sector woes
Investors dumped shares and bonds of Chinese property developers on Wednesday, after a media report that CIFI Holdings (Group) Co had defaulted added to worries over the crisis-stricken real estate ... ( read original story ...)
China Stock Market May Test Resistance At 3,100 Points
The China stock market on Tuesday ended the four-day losing streak in which it had dropped more than 70 points or 2.4 percent. The Shanghai Composite Index now sits just above the 3,090-point plateau ... ( read original story ...)
China’s yuan ends at weakest since global financial crisis, hits record low offshore
China's onshore yuan extended losses on Wednesday to end the domestic session at its lowest level against the dollar since the global financial crisis of 2008, while the offshore yuan hit a record low ... ( read original story ...)
Shanghai aims to become ‘a city in the parks’ by 2025
Shanghai features lush greenery. It is an ideal afternoon for Russian student Vika and her friend when they can spread a piece of cloth on the beautiful lawn at Jinxiu Cultural Park in the Pudong New ... ( read original story ...)
SMM Evening Comments (Sep 28): Shanghai Nonferrous Metals Closed Mostly with Losses amid Prolonged Macro Pressure
Shanghai nonferrous metals closed mostly with losses as the US dollar index was still high amid hawkish US Fed stances that the US needs to keep interest rates higher for a while until the inflation ... ( read original story ...)