Interest income increased by 66.3% to RMB4.4 million (US$0.6 million) for the second quarter of 2023 from RMB2.6 million for the same period of 2022, mainly attributable to the increase in our cash ... ( read original story ...)
China’s Latest Issue: Nobody Wants To Go There Anymore
Shanghai’s and Beijing’s airports are nearly deserted. Foreign investment is down 80 percent. Yet we all benefit from the exchange between cultures. ( read original story ...)
A major Chinese trust firm missed payments, adding to Beijing’s financial concerns
A trust linked to one of China’s wealth management giants has failed to make payouts on dozens of products in another sign of trouble in the country’s economy. Multiple clients at Zhongrong ... ( read original story ...)
Delta Air Lines Announces Winter Expansion Of Flights To Shanghai
Delta announced today that beginning October 29 it will offer ten weekly flights to Shanghai-Pudong International Airport. ( read original story ...)
Stock market today: Asia shares decline as faltering Chinese economy sets off global slide
Asian shares have declined amid worries over discouraging data on China, as well as over the future of the U.S. economy ... ( read original story ...)
Bibliophiles’ delight as Shanghai Book Fair opens new page
The Shanghai Exhibition Center is a sea of knowledge during the Shanghai Book Fair, which opened on Wednesday and will last through Tuesday. The 19th Shanghai Book Fair raised its curtain today at the ... ( read original story ...)
Jim Cramer’s Spot-On Call: China Takes Action To Boost Ailing Stock Market, Report Reveals
Chinese stock exchanges have reportedly asked investment funds to refrain from being net sellers of equities as the domestic stock market reels under a selling wave. What Happened: The Shanghai and Shenzhen stock exchanges issued "window guidance" to several large mutual fund houses to avoid selling more domestic shares for a day, ( read original ...