Eighteen people were injured on Friday, three seriously, after a vehicle mounted the pavement in a busy part of central Shanghai and plowed into pedestrians. The Shanghai government said in a short statement the vehicle hit the pedestrians on a road ... ( read original story ...)
Cardinal Health Announces Closing of Cardinal Health China Distribution Business Divestiture to Shanghai Pharma
Cardinal Health, Inc. is a global, integrated healthcare services and products company, providing customized solutions for hospitals, healthcare systems, pharmacies, ambulatory surgery centers, clinical laboratories and physician offices worldwide. ( read original story ...)
CP bolsters presence in Asia, opens new office in Shanghai
CP will be adding key positions in China to work with current and prospective customers to sustainably grow CP's business and theirs. Heinz, who has over 23 years' experience managing negotiations of multi-million dollar transportation contracts with ... ( read original story ...)
China’s regulator pours cold water on debt-fuelled land purchases, starting with Shanghai
Banks must comply with current policies on M&A loans and ensure these funds aren’t used in deals where land is the main underlying asset, according to a January 24 circular by the Shanghai branch of the China Banking Regulatory Commission (CBRC ... ( read original story ...)
Shanghai foreign investment falls for 1st time in 18 yrs
SHANGHAI - Foreign investment into Shanghai in 2017 dropped for the first time in 18 years due to control measures in the property and financial service industries. China's financial and business center received $17 billion of foreign investment last year ... ( read original story ...)
Australian company hails Shanghai police as scam money recovered
demanding funds for a business merger, police said. Police at the Free Trade Zone in Shanghai received a report of the case since the scam account, which was an offshore bank account, was opened at a Shanghai Pudong Development Bank branch. In the end ... ( read original story ...)
Shanghai edges closer to building a Hong Kong-style free port as it mulls experimental reforms
But two local officials said it would take a long time before Shanghai becomes a thriving free marketplace since it was difficult for government authorities to entirely relinquish their roles in directing business activities. ( read original story ...)