The Bank of China has rolled out a package of services to make it easier for expats living in Shanghai to make payments. Let's hear what some expats have to say about the bank's payment services. ( read original story ...)
China to unveil much-anticipated economic stimulus package
China is expected to announce much-anticipated steps to boost its flagging economy at the end of this week's meeting of its legislature on Friday. ( read original story ...)
Foreclosures in China Soar, Threatening to Choke Off Bank Profits
When the housing market was flying high, mortgage defaults were almost nonexistent. But now the legal system is struggling to keep up with evictions. ( read original story ...)
Brookfield in talks to refinance Shanghai office towers as vacancy risks rise
Some of the buildings in Shanghai’s most prestigious business districts were nearly half empty, and overall office vacancies climbed to 21.5 per cent in the third quarter, the highest in about two ... ( read original story ...)
Huoli Rides China Travel Boom To Hong Kong IPO
Huoli has filed to list in Hong Kong, reporting its travel service revenue rose 22% and gross margin improved by 1.2 percentage points in the first half of 2024 The company is a distant third in China ... ( read original story ...)
Brookfield in Talks With Banks to Refinance Shanghai Towers
Brookfield Asset Management is in talks with banks to refinance a loan that had backed its purchase of a Shanghai-based office tower complex five years ago, according to people familiar with the ... ( read original story ...)
STAR Market: a trillion-yuan innovation powerhouse
Photo/VCG] Companies listed on the Science and Technology Innovation Board (STAR Market) raised over 1 trillion yuan ($140.69 billion) since its inception six years ago. As of Nov 5, the 577 listed ... ( read original story ...)