The waterfront area - known for its mix of historical and futuristic buildings - is a popular tourist destination, BBC reported. ( read original story ...)
Shanghai’s iconic waterfront light show switched off as China suffers energy shortage amid intense drought
The iconic lights of the historic Bund district in Shanghai will be switched off for two days as China tries to reduce electricity use amid a power crisis sparked by prolonged drought and heat that ... ( read original story ...)
China – Technology, Media And Telecom: Monthly Update – August 2022 Issue.
Monthly Update - August 2022 Issue. Legal News and Analysis - China - Competition & Antitrust, Telecommunications, Media & Technology - ... ( read original story ...)
Iconic Shanghai sites go dark as drought hits power supply
An iconic skyline in the Chinese city of Shanghai - called The Bund - will not be lit for two nights to save power, officials say. The waterfront area - known for its mix of historical and futuristic ... ( read original story ...)
Carmakers hit as China’s heatwave forces more power rationing
China's brutal heatwave is now hurting major players in the auto industry. The rationing of power in Sichuan province — China's most important hydropower hub — has hit production for major carmakers ... ( read original story ...)
China needs ‘non-traditional’ cure for housing slump as third rate cut fails to inspire property stocks, money managers
Chinese lenders cut their lending rate closely linked to home mortgages. The market reaction was muted as Poly Development and peers languished in onshore markets. ( read original story ...)
Drought Hurts China’s Economy as Central Bank Cuts Rates
Sichuan’s many dams cannot generate enough electricity even for its own needs, forcing factories there to close for up to a week at a time. ( read original story ...)