Hong Kong stocks open weak after China Evergrande Group, the world’s most indebted developer, said it would cancel creditor meetings dealing a setback to its debt restructuring plans. ( read original story ...)
China state asset manager plans $14 billion emerging industry fund, China Business News reports
China Reform Holdings Corp, a Chinese manager of state assets, plans to raise at least 100 billion yuan ($13.70 billion) for a fund that will invest in emerging industries, the China Business News ... ( read original story ...)
Int’l media: ‘China has collapsed! Shanghai is a ghost town!’
That's what international media reports. This year, it has charged China for global inflation, deflation, and now, economic collapse. Yet, Chinese recovery is broadening. So why these myths? ACCORDING ... ( read original story ...)
Bitcoin’s legitimacy bolstered by Shanghai court’s acknowledgment
In a significant development, Justin Sun, the founder of the Tron network, has shared insights on social media, highlighting a pivotal acknowledgment for Bitcoin by the Shanghai No. 2 Intermediate ... ( read original story ...)
Expats in Shanghai celebrate the mid-autumn festival at Loutang ancient town
Expats living in Shanghai gathered at Loutang Ancient Town in Jiading on Sunday to celebrate the Mid-Autumn Festival. Hosted by Jiading District, the gathering was for members of the "Shanghai Through ... ( read original story ...)
China deploys 5.5G high-speed mobile technology to ensure telecom demand at Hangzhou Asian Games
Chinese advanced technologies such as 5.5G wireless technology were deployed to ensure the high-tech powered opening ceremony and other events of the Hangzhou Asian Games, which is ongoing in East ... ( read original story ...)
China central-bank adviser proposes structural reforms to revive economy
China has limited room for more monetary policy easing, and should pursue reforms such as encouraging entrepreneurs and giving migrant workers access to public services, the adviser said. ( read original story ...)