SHANGHAI/SINGAPORE, July 24 (Reuters) - China's central bank sold cash deposits at 2%, the lowest on record, pressured by reductions in deposit rates at commercial lenders and market expectations of ... ( read original story ...)
China’s yuan eases ahead of Politburo and global central bank meetings
SHANGHAI/SINGAPORE: China’s yuan eased against the dollar on Monday, as corporate demand for the greenback offset ... ( read original story ...)
China Insight: Shanghai, China’s Window to the World, Launches Shanghai Gala
Ranked as one of the “top 10 fashion capitals in the world,” Shanghai is launching a major event this fall to celebrate global fashion design and the fashion industry — the Shanghai Gala. Facing ... ( read original story ...)
‘Cultural pollution’: couple in T-shirts with swear words on Shanghai subway outrage public who demand action and penalties
Video has generated an avalanche of angry comments on mainland social media denouncing the couple's profanity-covered clothing Subway operator says despite complaints, they will not take action as ... ( read original story ...)
Shanghai to Stop Issuing Online Ride-Hailing Car’s Licenses Amid Saturated Market
The eastern Chinese megacity stopped accepting online ride-hailing license applications for vehicles on July 22, the Shanghai municipal road transport authority announced on July 21. The applications ... ( read original story ...)
BMW opens new Shanghai R&D centre
SHANGHAI: In July, 2023, the BMW Group opened a new R&D (research and development) centre in Shanghai. Based on the concept of open innovation, all BMW’s R&D functions in China have been merged ... ( read original story ...)
Hua Hong Semiconductor Plans to Raise Close to $3.0 Billon in Chinese IPO
Chinese chipmaker Hua Hong Semiconductor plans to raise $2.95 billion through an initial public offering on Shanghai’s STAR board on Tuesday. ( read original story ...)