Shanghai Municipal Transportation Commission held an urgent meeting with the leading ride-hailing company Didi Chuxing on Tuesday, urging the platform to eliminate the price-hiking function within two days. Didi said during the meeting that they will ... ( read original story ...)
Shanghai Stocks at 2-Week High
The blue-chip CSI300 index was unchanged at 3,364.45 points, while the Shanghai Composite Index gained 0.2 percent to 3,142.55 points. Sentiment was also affected by renewed debt worries after Beijing reported a significantly larger fiscal deficit in 2016. ( read original story ...)
Shanghai Disneyland beset by everyday life
SHANGHAI -- Disneyland theme parks have become favorite holiday destinations around the world. But the one in Shanghai isn't much of a vacation so far. Raucous vendors and line cutters -- everyday annoyances in China -- have infiltrated the place. One day ... ( read original story ...)
Shanghai Shares at 2-Week High
The Shanghai Composite Index gained 0.4 percent to 3,136.77 points while the blue-chip CSI300 index rose 0.3 percent, to 3,364.08 points. The People's Bank of China said on Friday it would provide temporary liquidity support for 28 days to several major ... ( read original story ...)
New Office Supply Changes Dynamics for Occupiers in China
SHANGHAI--(BUSINESS WIRE)-- A flood of new prime office supply in 2017 will have a significant impact on occupier markets in major Chinese cities, according to the 2017 Top Trends for China’s Occupier Market released by DTZ/Cushman & Wakefield ... ( read original story ...)
Shanghai's economy grows 6.8% in 2016
SHANGHAI - Shanghai's economy grew 6.8 percent in 2016, the local statistics bureau announced Sunday. It outpaced the country's 6.7 percent GDP growth but is slightly lower than the 6.9 percent increase in the previous year. Shanghai's GDP reached 2.75 ... ( read original story ...)
Shanghai Jahwa faces huge loss in fourth quarter
The leading domestic consumer brand Shanghai Jahwa United Co Ltd is expected to see its net profits plummet 90 percent to 226 million yuan ($32 million) in 2016, according to the announcement. The fourth quarter reported a net loss of 207 million yuan ... ( read original story ...)