Today, Citi (NYSE: C) and Bank of Shanghai launched a first-of-its-kind payments solution on Bank of Shanghai's TourCard. The TourCard aims to provide international travelers a straightforward, ... ( read original story ...)
SpaceX’s ambitious plan takes off to fly NYC to Shanghai in this incredibly short time
With a maximum speed of 16,700 mph, this spacecraft would turn the usual 15-hour flight from New York to Shanghai into a 39-minute journey. A teaser video SpaceX released in 2017 shows passengers ... ( read original story ...)
Seminar on Xi’s remarks about city development held in Shanghai
SHANGHAI -- A seminar on the study and implementation of the important remarks that Xi Jinping, general secretary of the Communist Party of China (CPC) Central Committee, has made about work related ... ( read original story ...)
China Plans to Slash Homebuying Taxes in Fiscal Stimulus
China is planning to cut taxes for home purchases as the government dials up fiscal support to revive a moribund housing market, according to people familiar with the matter. Regulators are working on ... ( read original story ...)
World’s Second Longest High-Speed Rail Project Hits Milestone
The same company behind the project is also in the process of developing the world's longest undersea high-speed rail tunnel project. ( read original story ...)
Chinese Stocks Close Down, Brace for More Volatility Amid Wait for Stimulus
Chinese shares closed lower, dragged by insurance and semiconductor stocks. The benchmark Shanghai Composite Index fell 1.4% to 3421.97, the Shenzhen Composite Index dropped 0.8% and the ChiNext Price ... ( read original story ...)
China Market Update: The Tale Of Two Chinas And Their Investors’ Returns
Asian equities were overall lower on a stronger U.S. dollar overnight, as Mainland China outperformed while Hong Kong and South Korea underperformed. ( read original story ...)