Shanghai’s economy, dealt a double blow by China’s troubled property sector and the nation’s tumbling stock market this year, could see better days in 2024 when the US is widely expected to lower interest rates, ( read original story ...)
Western Business Sours On China – Dramatically So
Increasing numbers of American and European businesspeople are getting fed up with the business environment in China. ( read original story ...)
Shanghai’s GDP Jumps 6% in First Nine Months, Outpacing China’s Growth
According to data released by the Shanghai Municipal Bureau of Statistics, the GDP expanded to CNY3.3 trillion (USD451 billion) in the first nine months. The output value of Shanghai’s NEVs, renewable ... ( read original story ...)
WPP-owned media agency sacks Shanghai-based executive facing bribery claims
Dismissal follows police raid of GroupM China’s offices and questioning of executive and two former employees last week ... ( read original story ...)
Shara Magomedov wants quick return in December in Shanghai – and bent Dana White’s ear about it after UFC 294
Highly touted middleweight Shara Magomedov beat Bruno Silva in his promotional debut at UFC 294. He wants a quick turnaround in Shanghai. ( read original story ...)
China arrested an executive and two former employees at a major US ad agency, claiming they accepted bribes, reports say
One current and two former employees of ad agency GroupM, which is owned by WPP, were detained by Chinese authorities, who also questioned its CEO in China, reports say. ( read original story ...)
Investor Doubts About China Worsen Its Stock Rout
The Shanghai Composite Index, which also tracks stocks in mainland China, fell 1.5% and is also in the red for 2023. Hong Kong’s stock market was closed for a public holiday. Chinese stocks have been ... ( read original story ...)