That had a chilling effect on business and led then-Shanghai Mayor Zhu Rongji to announce a new “one-stop shop” for applications in 1988, which helped lay the groundwork for the city’s later boom. ( read original story ...)
Daily Markets: Investors Fear Possibility of Recession
Last week’s updates pointed to the likelihood the U.S. could be in a recession as GDP expectations for 2Q 2022 were slashed to -2.1% vs. the May 17 reading of +2.5%. That sharp revision shows how ... ( read original story ...)
Unknown Hacker Steals Data of a Billion Chinese Citizens
A misconfigured Alibaba private cloud server has led to the leak of around one billion Chinese nationals' personal details. An unknown hacker, identified as ... ( read original story ...)
Sensex rises 250 pts and Nifty50 tops 15,900 led by financial, oil & gas and IT shares
The Sensex and the Nifty50 rose up to 0.7 percent at the open amid gains across most sectors. Financial, oil & gas and IT shares were the biggest contributors to the gain in both headline indices. ( read original story ...)
GEAK Watch packs Android, WiFi and a plethora of sensors, claims to be ‘world’s first true smartwatch’
Perhaps GEAK, a Shanghai-based subsidiary of content giant ... with the most notable one being the 802.11b/g/n WiFi module -- a feature that Motorola's MOTOACTV already boasts. ( read original story ...)
China’s Assault On European Electric Car Market Gathers Momentum
China’s long-term plans to conquer the European electric car market aren’t causing many headlines yet but they are gathering strength and progress is advancing under the radar. This is the MG ZS EV, ... ( read original story ...)
Chinese University of Hong Kong to set up academic centre in Shanghai district, in first such collaboration with local government
Chinese University of Hong Kong Shanghai Centre to be established in Yangpu district, as part of university’s development plan on mainland. ( read original story ...)