HONG KONG (Reuters) -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 ... ( read original story ...)
Shanghai to launch new round of consumer vouchers worth $70m
Shanghai will launch a new round of consumer vouchers worth 500 million yuan ($69.6 million) in the second half of 2025 to boost spending across dining, tourism, entertainment, culture, and sports ... ( read original story ...)
Wells Fargo’s business in China, where senior executive faces an exit ban
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 ...)