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Posted on 21/05/2021

China should let yuan rise to offset imported price rises, central bank official says

Chinese policymakers have pledged to take measures to cool red hot commodity prices and prevent them being passed on to consumers ... ( read original story ...)

Posted on 21/05/2021

German company Henkel invests 500 mln yuan for innovation center in Shanghai

German consumer goods company Henkel announced on Friday an investment of about 500 million yuan (about 77.7 million U.S. dollars) to set up an innovation center in Shanghai. Scheduled to be completed ... ( read original story ...)

Posted on 21/05/2021

Quectel unveils new 5G NR modules to accelerate commercial use of 5G SA devices

Quectel Wireless Solutions, the leading global supplier of IoT modules has announced the release of two new 5G New Radio (NR) module series, the RG500S and RM500S. Based on ... ( read original story ...)

Posted on 21/05/2021

BMW, Alibaba open new technology ‘incubator’ centre in Shanghai

BMW and Alibaba officially opened their new, jointly-owned 'innovation' centre in Shanghai as the German automaker looks to step up its digitalisation strategy in China with the collaboration of tech ... ( read original story ...)

Posted on 21/05/2021

UCCA Edge: Shanghai outpost of Beijing museum opens to China’s ‘most engaged and active’ contemporary art audience

Beijing’s UCCA Center for Contemporary Art is launching its Shanghai branch UCCA Edge on 22 May with a show looking back at the formative events around the 2000 Shanghai Biennale. Titled City on the ... ( read original story ...)

Posted on 21/05/2021

Total Market Cap of China’s Stock Market Jumped by 33% YoY to $12.4T, the Highest Value in Country’s History

According to data presented by TradingPlatforms.com, the combined market cap of China’s stock market jumped by 33% year-over-year to 79.7 trillion yuan or $12.4trn in 2020, the highest value in the ... ( read original story ...)

Posted on 21/05/2021

Financial, consumer firms drag China shares lower; Shanghai Composite down 0.6% at close

At the close, the Shanghai Composite index was down 0.58 per cent at 3,486.56. The index fell 0.11 per cent for the week. The blue-chip CSI300 index was down 1.01 per cent, but delivered a weekly gain ... ( read original story ...)

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