The People’s Bank of China's (PBoC) former director Sheng Songchen said on Saturday at a forum in Shanghai that the property downturn in China may continue for two more years before gaining stability, ... ( read original story ...)
China central bank holds medium-term rate but adds liquidity
China's central bank left the medium-term policy rate unchanged on Monday, defying market expectations as signs of a weaker currency continued to limit the scope of monetary easing. A slew of recent ... ( read original story ...)
China central bank surprises markets, leaves medium-term rate unchanged
China's central bank boosted liquidity injections but surprised markets by leaving the interest rate unchanged when rolling over maturing medium-term policy loans on Monday. The ... ( read original story ...)
China fans of Wong Kar-wai’s Blossoms Shanghai TV series spark demand for bespoke suits, food dishes that appear in hit show
Businesses in China are cashing in on the huge popularity of Hong Kong movie director Wong Kar-wai’s new mainland TV series, Blossoms Shanghai. ( read original story ...)
Grifols says Haier Group still OK to buy stake in Shanghai RAAS
Spanish pharma company Grifols said on Sunday evening Chinese home appliance maker Haier Group still plans to close the acquisition of a 20% stake in Shanghai RAAS as announced in late December. ( read original story ...)
Chinese etching tools giant AMEC sees 2023 sales rise more than 30% on strong demand from mainland semiconductor fabs
Shanghai-based AMEC expects its 2023 revenue to reach US$879 million, up 32.1 per cent from the previous year, on the back of strong domestic orders The company said sales of its core etching tools ... ( read original story ...)
Spring Festival bazaar unveiled near North Bund
As a highlight, a food bazaar at the newly unveiled Sun Market on the 5th floor of the mall brings together more than 100 popular Spring Festival delicacies, including ingredients from ... ( read original story ...)