“This new JV will transition Shenda from a regional Chinese soft trim and acoustics products manufacturer to a global supplier to the automotive industry,” said Yao Ming Hua, Chairman of Shanghai Shenda. “It will provide access to European and North ... ( read original story ...)
China’s stocks slip to 2017 low led by energy, mining declines
The Shanghai Composite Index dropped 0.4 per cent to the lowest close since December 29. Energy companies dragged down the gauge, led by China Petroleum & Chemical Corp, after New York crude slid yesterday. Shandong Gold Mining Co lost 2.5 per cent after ... ( read original story ...)
Lujiazui lures financial talent with London trainee program
Participants of a financial talent training program based in London is partially run by Shanghai's financial hub Lujiazui. [Photo provided to chinadaily.com.cn] Shanghai's financial hub Lujiazui has begun accepting applications for its financial talent ... ( read original story ...)
Shanghai mapping a course for freer trade, less fraud
CONTINUED reforms in Shanghai’s financial system are high on the agenda as the city forges ahead with plans to become a global financial and commercial hub. Those reform proposals include tariff reduction in the city’s pilot Free Trade Zone and tighter ... ( read original story ...)
Foreign business skeptical of China’s promised opening
Zhu Haifeng, a retail investor, said it would not change much for him, as he can already buy foreign shares through the Shanghai-Hong Kong Stock Connect scheme, and he didn’t see much likelihood of overseas firms rushing to invest in China. ( read original story ...)
Bright lights, big fashion
Shanghai is a city developing at an astounding pace ... sumptuous camel were constructed in a way that fused traditional Italian craftsmanship with forward-thinking technology, and frayed fabrics, trompe l’oeil prints and jacquards were patched together ... ( read original story ...)
Shanghai to set aside public housing for young teachers and doctors to halt brain drain
“High living costs, including house prices, have affected the introduction of education and medical talents,” Weng Tiehui, a vice-mayor for education and health, was quoted as saying by the Shanghai-based news portal Thepaper.cn. “Many graduates with ... ( read original story ...)