"People are less confident in buying homes, and many potential buyers are taking a wait-and-see attitude," said You Liangzhou, who owns Baonuo, a property agency in Shanghai. "Developers and ... ( read original story ...)
HSBC expands China private banking network, adds two new branches
HSBC Global Private Banking said on Tuesday it has opened two new branches in the large Chinese cities of Chengdu and Hangzhou, in a push to capture a bigger share of China's wealth market.The bank ... ( read original story ...)
China Central Bank Says Will ‘Resolutely’ Curb Big Currency Swings
BEIJING/SHANGHAI (Reuters) - China's central bank spoke out against big currency swings on Tuesday, saying it will take steps to stabilise expectations, and keep the yuan basically stable. ( read original story ...)
Shanghai shines as intl financial center in past decade, eyes greater roles in China’s new devt phase
From attracting global financial institutions to surging financial transaction volumes and the expansion of the nation's financial infrastructure, Shanghai has proved itself as a global financial ... ( read original story ...)
Shanghai Releases 22 New Stimulus Measures to Boost the Economy
The Shanghai Municipal Government has released a new policy package containing 22 stimulus measures to assist companies and boost the city's economy. ( read original story ...)
Shanghai Electric starts commercial ops at MBR Solar Park Phase V
The equipment started producing electricity at the site 17 days earlier than expected, marking another milestone in the construction of the Shanghai Electric facility ... ( read original story ...)
Unseasonal Salt Tides in Shanghai Threaten Its Water Supply
The phenomenon that turns river water salty is not unusual in Shanghai, but the record-breaking drought has exacerbated it this year. ( read original story ...)