“This week in Shanghai, China, a millionaire named 'Sunwear' withdrew his entire savings of 5 million yuan and ordered the bank staff to count every single note. All because they asked him to wear a ... ( read original story ...)
Shanghai to Nurture Synthetic Biology Startups, Become Global Biomanufacturing Hub by 2030
The Shanghai government will support the development of synthetic biology start-ups, which are firms that apply engineering principles to develop new biological parts, with the aim of becoming at high ( read original story ...)
Li Keqiang: former premier had fatal heart attack during swim in Shanghai, sources say
Two sources say Li had previously had coronary artery bypass surgery His body has been flown back to Beijing, pending instructions on funeral Li Keqiang, who retired as China's premier earlier this ... ( read original story ...)
Global Corporate Leaders Express Confidence in Shanghai’s Business Environment
NEW YORK, NY / ACCESSWIRE / October 27, 2023 / Shanghai has instilled confidence in its business environment among foreign companies, according to executives attending the 35th International Business ... ( read original story ...)
As China’s Stock Market Steadies, Risks Around ‘Snowball’ Derivatives Recede
Snowball is a distinct and popular Chinese market derivative that offers bond-like coupons to investors as long as the underlying assets in the product trade within a specified range. ( read original story ...)
Chinese Millionaire Withdrew Rs 6 Crore, Asked Bank To Count It Manually
The man, who goes by username 'Sunwear', wrote on Weibo that he withdrew about five million renminbi ($783,000 at the 2021 exchange rate) from the Bank of Shanghai branch after receiving the "worst ... ( read original story ...)
‘Petty’ millionaire withdrew entire savings and ordered bank to count the money after argument
The Chinese man - known only as 'Sunwear' - withdrew more than £500,000 from the bank after receiving what he deemed to be bad service ... ( read original story ...)