Shanghai authorities have partially reopened a metro line which was closed on Sunday morning after a train smashed into a fallen crane on the track. The train was badly damaged but no injuries were ... ( read original story ...)
Tower crane construction causes damage to Shanghai Metro Line 11; working group dispatched
External construction caused damage to equipment and trains on Metro Line 11 in Shanghai, forcing trains to stop between stations on Sunday morning. Metro authorities promptly organized emergency ... ( read original story ...)
Moving train hits crane in Shanghai
A train was badly damaged after it crashed into a crane in Shanghai on Sunday morning. No one was injured in the accident. Footage circulating online apparently captured the dramatic moment, when the ... ( read original story ...)
Tower crane construction causes damage to Shanghai Metro Line 11; repair work under way
External construction caused damage to equipment and trains on Metro Line 11 in Shanghai, forcing trains to stop between stations on Sunday morning. Metro authorities promptly organized emergency ... ( read original story ...)
China Property Flare-Ups Resurface as Crisis Enters Fifth Year
One of China’s leading developers is now on authorities’ radar for default risk. A major Hong Kong builder is asking lenders to extend loans. Another industry peer is selling an iconic but largely ... ( read original story ...)
Apex Court Sets Aside Interest Rate Cap On Late Credit Card Bill Payments
A bench of Justices Bela Trivedi and Satish Chandra Sharma heard the petitions from banks like Standard Chartered Banks, American Express, Citibank, Hong Kong and Shanghai Banking Corporation (HSBC) ... ( read original story ...)
Jiayin Group Expands with New Shanghai Headquarters
Jiayin Group ( ($JFIN) ) has shared an update. Jiayin Group Inc. has announced the purchase of commercial property in Shanghai, China, intended to ... ( read original story ...)