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 ...)
2024 ECI Awards Final Judging Successfully Held in Shanghai
The final judging session of the 2024 ECI Awards was successfully held at the Zhendao Center in Shanghai’s Big Data Industrial Base. This prestigious international event, dedicated to recognizing ... ( read original story ...)
‘Four giants:’ architectural feats that created Shanghai’s famous skyline
Shanghai’s skyline is dominated by towering skyscrapers known as the “four giants” in the Lujiazui financial center of the Pudong New Area. ( read original story ...)