It was simply “an alignment of the planets”, said Stephen Little, head of Chinese and Korean art at the Los Angeles County Museum of Art – who also led his museum patrons on a quick tour to Shanghai, Beijing and Hangzhou prior to the fair ... ( read original story ...)
China-led AIIB gives Brazil and South Africa extra year to join
The China-led Asian Infrastructure Investment Bank has given two of ... which recently joined forces to form the Shanghai-based New Development Bank. “AIIB matters are currently being processed,” a South African finance official told the Financial ... ( read original story ...)
Aston Martin DB11 with AMG V8 debuting at Shanghai Motor Show
The new Aston Martin DB11 is to debut at the Shanghai Motor Show in April with a new V8 engine ... Perhaps not quite as beautiful as the glorious DB9 – although clearly form led – it contrived to be perhaps the first truly good DB to drive, promising ... ( read original story ...)
Didi Ponders SoftBank-Led $6B Investment As China's Ride Share Giant Suffers Volume Declines
One critical question is the valuation that will be used for the SoftBank-led investment. Didi was valued at US$34 ... In big cities such as Beijing and Shanghai, new regulations may require drivers to have local residence to be eligible to drive Didi ... ( read original story ...)
China’s PBOC ‘persuades’ Shanghai banks to slow monthly mortgage growth
Banks in Shanghai are slowing mortgage loan growth amid the tighter stance by the People’s Bank of China to keep deleveraging the housing market, industry sources said. Lenders in the most populous mainland cities are being asked to scale back growth in ... ( read original story ...)
Shanghai, Beijing listed among top 20 global financial hubs
SHENZHEN, March 28 (Xinhua) -- Shanghai and Beijing were included among the top 20 financial hubs in the world by an index tracking 88 financial centers globally. Shanghai and Beijing ranked as the 13th and 16th top financial hubs in the world, according ... ( read original story ...)
Shanghai to rival Silicon Valley as technology hub
Shanghai is expected to rival Silicon Valley as a technology hub in the next four years, according to a report by KPMG. Shanghai beat out New York, Tokyo, Beijing and London, respectively, to take the top spot in recognition of the city’s “growing base ... ( read original story ...)