People's Bank of China kept its key lending rates steady for the second straight month during its December fixing, as widely expected. The one-year loan prime rate (LPR), the benchmark for most ... ( read original story ...)
Supreme Court overrules consumer forum’s 30% interest rate cap on late credit card payments
In 2008 the National Consumer Disputes Redressal Commission had ruled that charging rates in excess of 30% per annum for late payments constituted an unfair trade practice. The Supreme Court stayed ... ( read original story ...)
UK finance minister to revive regular economic talks with China in January trip, sources says
Britain's finance minister Rachel Reeves will visit China on a two-day trip in January to revive high-level economic and financial talks that have been frozen since 2019, three people with knowledge ... ( read original story ...)
China: First direct cargo shipment from Peru’s Chancay Port arrives in Shanghai
First direct cargo shipment from Peru's Chancay Port arrives in Shanghai (Voice_over) After 23 days of travel on the Pacific Ocean, the Xin Shanghai ship is back home. (Stand_up) Chen Tong, Reporter: ... ( read original story ...)
Shanghai promotes parent-friendly positions for employees with flexible working hours
Shanghai authorities recently issued a notice encouraging employers to designate positions with flexible working hours, adaptable work styles, and family-friendly environments as parent-friendly ... ( read original story ...)
Red panda diplomacy offers glimmer of hope even as China-Taiwan tensions soar
Taipei agrees to send African penguins to Shanghai in exchange for red pandas in bid to establish cooperative relationship between two cities ... ( read original story ...)
The Orangeblowfish CEO brings art and vibrant energy to Shanghai
Natalie Lowe is the CEO and co-founder of the creative agency The Orangeblowfish and she says there are so many ways to connect Shanghai and China to the world. Natalie Lowe is the CEO and co-founder ... ( read original story ...)