East China's Shanghai. [Photo/Xinhua] During the first six months of this year, urban residents' per capita disposable income topped 20,000 yuan ($2,784.58) in eight of China's 31 provincial-level ... ( read original story ...)
Over 2,500 new foreign firms established in Shanghai in H1
A total of 2,541 new foreign-funded enterprises were established in China's financial hub Shanghai during the first half (H1) of 2023, an increase of 63.3 percent year on year, data from the municipal ... ( read original story ...)
Stock market today: Asian shares slip echoing Wall Street’s retreat from rally
TOKYO (AP) — Asian shares dipped Wednesday after Wall Street took a step back from its big rally as markets tried to digest a slew of earnings. ( read original story ...)
OCBC customers can use bank’s app to pay merchants in 47 markets including China
SINGAPORE - OCBC customers will be able to use the bank’s digital app from Friday to make retail ... Civil servant Chermaine Koh, 32, welcomed the news as she will be travelling to Shanghai and ... ( read original story ...)
Per Capita Disposable Income in Shanghai, Beijing Tops CNY40,000 in First Half
The disposable income of residents in Shanghai and Beijing exceeded the threshold of CNY40,000 (USD5,590) in the first half of the year, according to the latest official data. Shanghai ranked first ... ( read original story ...)
China signals fresh policy support to buoy property sector recovery
China's property sector is expected to revive on incremental policy support as the government reiterates the sector's important role in driving a broader economic recovery. Stabilizing the ... ( read original story ...)
Kerry expands Chinese footprint with €91m acquisition of Shanghai food business
Kerry has added to its growing portfolio of taste and ingredients businesses in Asia with the acquisition of Shanghai Greatang Orchard Food for an initial consideration of €91 million. ( read original story ...)