Shanghai's economy has had a solid start in 2024, with its gross regional product (GDP) reaching approximately 1.11 trillion yuan ( $151.82 billion) in the first quarter of this year, marking a 5 percent year-on-year increase, as announced by local statistics authorities on April 19. ( read original story ...)
Shanghai names over 150 firms worth $165b key unicorn enterprises
Shanghai revealed its 2024 list of key unicorn enterprises on Tuesday, featuring 156 selected companies with a combined valuation exceeding 1.2 trillion yuan ($165.62 billion). ( read original story ...)
US finally breaks ground on its first-ever high-speed rail
The rial could connect Los Angeles and Las Vegas by the end of the decade. ( read original story ...)
Best Wi-Fi routers for 2024 tested and rated
In order to determine which Wi-Fi routers are truly the best, we put them through extensive real-world testing, though we use networking benchmark software like Keysight IxChariot and iPerf3 too. ( read original story ...)
China central bank keeps policy rate unchanged, drains cash from banking system
China's central bank on Monday left a key policy interest rate unchanged as widely expected when rolling over maturing medium-term loans, and drained some cash from the banking system through the bond ... ( read original story ...)
Souring China dreams force Western financial firms to cut costs
Just a few years ago, lucrative business prospects in China on the back of a booming economy led to a scramble among Western financial firms, from investment banking to asset management, to expand ... ( read original story ...)
Is the tea bubble bursting? ChaPanda shares plunge in Hong Kong IPO
Shares in Chinese bubble tea chain Sichuan Baicha Baidao failed to pop during their market debut Tuesday, tumbling as much as 38% from their listing price. ( read original story ...)