Sea freight cost between Santos, Brazil and Shanghai, China have risen 400% in two years. The hike was one of the main consequences of the covid-19 pandemic on Brazilian logistics, according to a stud ... ( read original story ...)
Chinese Subsidiary of British Investment Bank Now Includes Communist Party Committee
Employees of the British banking giant HSBC have installed a Chinese Community Party committee in a subsidiary, raising concerns about Beijing's possible influence in foreign financial institutions ... ( read original story ...)
Chinese chip IPO is bet on double self-sufficiency
A Chinese chipmaker is becoming Beijing's poster child for technological self-sufficiency. Hygon Information Technology is readying a $1.6 billion float – the largest so far on Shanghai's STAR market ... ( read original story ...)
Shanghai’s Covid-Free Streak Brings No Reprieve From Testing
Shanghai posted a third straight day of zero Covid-19 cases for the first time in a month, though residents are still required to take frequent tests as officials seek to stamp out any flareup before ... ( read original story ...)
Shanghai Lays Out Blueprint for Manufacturing Industry to Go Green
Shanghai is making energy consumption a key measure to determine whether to permit certain manufacturing projects to go ahead so as to encourage local firms to become more eco-friendly, more high-end ... ( read original story ...)
Inventisbio nets ¥2.084B in Shanghai IPO; shares plunge 15.6% on debut
Inventisbio Co. Ltd. has raised ¥2.084 billion (US$296 million) in an IPO on Shanghai’s STAR Market priced at ¥18.12 per share, though its stock saw a disappointing debut, opening at ¥14 per share on ... ( read original story ...)
Top international brands invest in Shanghai’s vision as international shopping hub
Shanghai has stressed its pledge to become an international shopping center and will strive to further enhance the shopping experience through the introduction of new international and local brands ... ( read original story ...)