On Thursday the mayors of Athens and Shanghai signed an agreement for the twinning of the two cities, signaling closer cooperation. ( read original story ...)
China moves to boost languishing markets by ordering funds to invest more in shares
The Chinese government is trying to encourage people to spend more by ensuring that share prices will rise, ordering pensions and mutual funds to invest more in domestic stock markets ( read original story ...)
China’s shot in the arm for markets
A look at the day ahead in European and global markets from Rae Wee After drowning for days in headlines about Donald Trump's return to the White House, investors were delivered a bit of a diversion on Thursday with the announcement of new Chinese measures to boost its ailing stock market. ( read original story ...
Shanghai’s Pudong govt boosts holiday spending with consumption coupons
Pudong New Area, in the eastern part of Shanghai, launched its Spring Festival Carnival on Thursday, issuing an additional 20 million yuan ($2.7 million) of catering consumption coupons and announcing ... ( read original story ...)
Shanghai-based AI firms blend tradition with technology
Dougong (斗拱) is a bracketing system used in ancient Chinese architecture. Huifu and its partners offer a "customized, open and reliable" system that connects payment, software, and data management ... ( read original story ...)
China’s financial system is under brutal pressure
With few other safe assets to turn to, banks that are under pressure, as well as insurers and fund managers, have piled into government bonds, driving down yields. Since China’s financial system is ... ( read original story ...)
From dumplings to dances: International students get immersed in Chinese New Year
International students gather for a group photo before exploring the Yuyuan Garden Lantern Festival, the final stop in their cultural immersion day. [Photo/Shanghai People's Association for Friendship ... ( read original story ...)