China's first centrally administered state-owned enterprise (SOE) specializing in data technology was officially established in Shanghai on Thursday. The company, tentatively translated as China ... ( read original story ...)
People’s Bank of China keeps key lending rates steady for second straight month, as expected
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 ...)