Shanghai, the city with the biggest number of cafes in China, has become a destination for coffee enthusiasts with the picturesque Xuhui district as its center. The Hengshan Road-Fuxing Road Historic ... ( read original story ...)
SMM Evening Comments (Aug 23): Shanghai Nonferrous Metals Closed Mostly with Gains as PBoC Highlighting Financial Support to Real Economy
Shanghai nonferrous metals closed with gains as the People’s Bank of China called major financial institutions, especially large state-owned banks, to give full play to their role as an industrial ... ( read original story ...)
At Shanghai landmark mall, 34% of shops close amid lockdowns
Malls are getting hit hard by Covid-19 as China's economy slows and consumer demand wanes. Read more at straitstimes.com. ( read original story ...)
China stocks fall as property woes, COVID concerns weigh
Article content ** Real estate developers lost 1.4%, after closing almost flat in the previous session, even as China cut its benchmark lending rate and lowered the mortgage refer ... ( read original story ...)
WATCH: Iconic Shanghai skyline goes dark as drought hits power supply
The waterfront area, known for its mix of historical and futuristic buildings, is a popular tourist destination. ( read original story ...)
At Shanghai Landmark Mall, 34% of Shops Close After Lockdowns
Shopping malls in China’s financial hub are seeing a surge in vacancies after Covid Zero lockdowns hammered consumer demand, adding to the woes of developers and asset managers owning them. Vacancy ... ( read original story ...)
Shanghai Switches Off Iconic Skyline to Save Energy Amid Heat Wave
Shanghai’s famous Bund went dark on Monday as authorities turned off the waterfront district's decorative lights to save energy. China extended power cuts in some regions to cope with soaring ... ( read original story ...)