Wells Fargo has suspended all travel to China after a banker was blocked from leaving the country, a source said, bringing the U.S. bank's operations in the world's second-largest economy into focus. ( read original story ...)
Shanghai Court Discloses USD905 Million Illegal Stablecoin Exchange Case
(Yicai) July 18 -- The district-level court in Shanghai's Pudong New Area has disclosed a case involving illegal stablecoin exchanges worth a total of CNY6.5 billion (USD905 million), according to ... ( read original story ...)
Wells Fargo exit ban revives fears about doing business in China
BEIJING/SHANGHAI/SYDNEY (Reuters) -Fears that employees of foreign firms risk entanglement with Chinese authorities have resurfaced after news that an employee of U.S. bank Wells Fargo has been banned ... ( read original story ...)
China shores up status as top shipbuilder with Shanghai port expansion
With US restrictions helping South Korea take a larger share of ship orders, China is developing hi-tech facilities in its financial centre. ( read original story ...)
Shanghai’s Yangpu launches content creator hub with new support policies
The launch follows Shanghai's recent introduction of a citywide policy package on July 15, which introduced nine measures to attract global content creators and bolster high-quality internet content ... ( read original story ...)
China’s Underused Car Factories Are Flooding the World With Exports
The surge in Chinese car exports is reshaping automobile markets around the world, flooding countries with affordable vehicles and triggering a price war that’s rippling through showrooms from Mexico ... ( read original story ...)
China chases 373mph ‘flying train’ that would make HS2 obsolete
Chinese plans to develop a 600kmph (373mph) “flying train” are threatening to make Britain’s HS2 line obsolete before it even opens. ( read original story ...)