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Posted on 09/08/2023

China’s yuan bounces from 3-week low on firmer fix, state bank buying

China's yuan bounced from a three-week low against the dollar on Wednesday, as a firmer-than-expected official midpoint rate offset weakness from disappointing inflation data, while state banks also ... ( read original story ...)

Posted on 09/08/2023

Shanghai, other mega cities roll out efforts to promote renewal

Moreover, Shanghai has been attracting investments from the private sector through multiple channels, including construction contractors and commercial banks. By the end of 2022, the city's 62 ... ( read original story ...)

Posted on 09/08/2023

Shanghai rolls out anti-corruption campaign aimed at medical supplies sector

Shanghai has launched a campaign to crack down on improper procurement and sales of medical supplies and provision of medical services, according to a document released by the Shanghai Municipal ... ( read original story ...)

Posted on 09/08/2023

No solo sips for men: Shanghai clothing & coffee shop sparks debate

However, the Yangpu District Market Regulation Bureau confirmed that the coffee shop's refusal to serve single men does not break any laws or regulations. The shop occupies two floors, with the café ... ( read original story ...)

Posted on 09/08/2023

New Covestro factory put into operation at Shanghai industry park

Covestro has announced it has put into operation a new factory at its integrated site in Shanghai's chemical industry park, amid its latest efforts to reinforce the local supply chain and solutions. ( read original story ...)

Posted on 09/08/2023

Asian Shares Mixed On US Bank Worries, China Inflation Data

Asian stocks ended mixed on Wednesday amid worries about the U.S. banking system and fresh signs of weakening domestic demand in ... ( read original story ...)

Posted on 09/08/2023

China could be planning a second broadband megaconstellation

China could be planning a second broadband megaconstellation The Shanghai government has expressed backing for a "G60 Starlink" broadband megaconstellation consisting of an initial 1,296 satellites. ( read original story ...)

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