Tag: business

Shanghai is the first to launch a new pilot scheme, the single unified work permit, hoping to unify the management of foreigners working in China. Shanghai issued its first single unified work permit to a foreigner on Nov 3, as the city began a test ... ( read original story ...)

Shanghai's housing authorities announced that they are stepping up limitations on home purchases in the city. In particular, raising down payment requirements as part of an effort to restrain fast growing house prices by limiting speculative buying ... ( read original story ...)

Shanghai has raised the minimum required down payment and home buyers are now required to pay additional interest on loans, while banks have been ordered to tighten their purse strings, as authorities move to rein in runaway house prices in the metropolis ... ( read original story ...)

The business communities of two of Asia’s top financial centres are “mainly positive about the Donald Trump presidency”, reveals a new survey by one of the world’s largest independent financial advisory organizations. The survey, carried out by ... ( read original story ...)

[SHANGHAI] Shanghai, China's financial hub, has raised the minimum required down payment and tightened eligibility for buyers of first homes in its latest move to cool a red-hot property market, state media reported on Tuesday. Home and residential land ... ( read original story ...)

Customers walk by cosmetics products from Shanghai Jahwa United Co Ltd at an industry fair in Fuzhou, Fujian province. [Photo provided to China Daily] A leading company with famous consumer brands, Shanghai Jahwa United Co Ltd said it had replaced its top ... ( read original story ...)

Home buyers in Shanghai are now required to make mortgage downpayments and pay additional loan interest, while banks have been ordered to tighten purse strings, as authorities move to rein in runaway house prices in the metropolis. According to a notice ... ( read original story ...)