Shanghai: Global shipping center by 2020

Shanghai currently ranks sixth among the world’s top shipping centers like New York, London and Dubai, according to the Xinhua-Baltic Exchange International Shipping Center Development Index. Its container throughput continued to rank first in the world ... ( read original story ...)

Shanghai Industrial : Call a Chick called out over lurid menu

SHANGHAI'S market watchdog is investigating fried chicken restaurant chain Call a Chick over allegations it's name and the names of some of its menu items are vulgar and offensive, officials said yesterday. Call a Chick has more than 40 branches and some ... ( read original story ...)

Shanghai welcomes indoor smoking ban

... and some members of the public said they welcome the extended smoking ban in Shanghai aimed at better shielding residents from secondhand smoke. The new regulation prohibiting smoking at all public indoor venues and indoor working areas was recently ... ( read original story ...)

China's Fosun builds stake in Portugal's biggest bank

BCP said Fosun paid 175 million euros ($190 million) for 16.7 percent of the bank's capital. Fosun is considering extending its stake to around 30 percent. The Shanghai-based conglomerate owns Club Med and other businesses in Europe, including Portugal's ... ( read original story ...)