Shanghai sets up online gaming association

SHANGHAI - Online gaming companies in Shanghai have set up an association to promote the healthy development of the industry. According to the association, founded over the weekend, Shanghai has 600 online gaming enterprises, employing about 60,000 people ... ( read original story ...)

Shanghai raises downpayment requirements for home buyers

At the height of the frenzy, over 90 percent of cities surveyed in August reported new home price rises. Shanghai saw prices rise 37.8 percent year on year, according to the National Bureau of Statistics, raising concerns that a bursting property bubble ... ( read original story ...)