A Shanghai court said Friday it has sentenced Chinese-Canadian tycoon Xiao Jianhua to 13 years in prison for financial crimes. Xiao, one of China's richest people when he was allegedly abducted from a ... ( read original story ...)
METALS-Shanghai base metals set for weekly losses on demand worries
Shanghai base metals were set to post weekly losses on Friday, as subdued demand, a stronger dollar and prospects of more U.S. interest rate hikes outweighed support from lower supplies. BEIJING, Aug ... ( read original story ...)
CanSino’s Covid-19 mRNA Vaccine Production Base in Shanghai to Be Completed by Year End
CanSino Biologics' Covid-19 mRNA vaccine production base in Lingang Special Area, a special economic space in Shanghai's free trade zone, will be completed by the end of the year, Yicai Global learned ... ( read original story ...)
METALS-Shanghai base metals set for weekly losses on demand concerns
Base metal prices in Shanghai headed for a weekly decline on Friday, with supply risks outweighed by demand concerns as macroeconomic pressure persisted. BEIJING, Aug 19 (Reuters) - Base metal prices ... ( read original story ...)
Cisco backlog still looms
Cisco reports that FY2022 product orders are at a record high, but so are the orders it hasn’t been able to fill. ( read original story ...)
Shanghai Plans to Turn Lingang Into Emerging Financial Center by 2025
Shanghai plans to transform Lingang Special Area, a special economic space in the eastern Chinese city’s free trade zone, into an emerging financial center by 2025. Lingang’s financial center will ... ( read original story ...)
Shanghai to Hand Out USD147 Million of E-Coupons to Spur Consumer Spending
Shanghai will hand out e-coupons worth CNY1 billion (USD147 million) in the second half of the year to spur consumption. The eastern megacity will issue the coupons themed ‘Enjoy Shopping in Shanghai’ ... ( read original story ...)