A look at the day ahead in European and global markets from Rae Wee After drowning for days in headlines about Donald Trump's return to the White House, investors were delivered a bit of a diversion on Thursday with the announcement of new Chinese measures to boost its ailing stock market. ( read original story ...
Shanghai’s Pudong govt boosts holiday spending with consumption coupons
Pudong New Area, in the eastern part of Shanghai, launched its Spring Festival Carnival on Thursday, issuing an additional 20 million yuan ($2.7 million) of catering consumption coupons and announcing ... ( read original story ...)
Shanghai-based AI firms blend tradition with technology
Dougong (斗拱) is a bracketing system used in ancient Chinese architecture. Huifu and its partners offer a "customized, open and reliable" system that connects payment, software, and data management ... ( read original story ...)
China’s financial system is under brutal pressure
With few other safe assets to turn to, banks that are under pressure, as well as insurers and fund managers, have piled into government bonds, driving down yields. Since China’s financial system is ... ( read original story ...)
From dumplings to dances: International students get immersed in Chinese New Year
International students gather for a group photo before exploring the Yuyuan Garden Lantern Festival, the final stop in their cultural immersion day. [Photo/Shanghai People's Association for Friendship ... ( read original story ...)
Stock market today: Asian shares are mixed after China rolls out market boosting measures
Asian shares were mixed on Thursday after China rolled out more moves to try to boost its lagging stock markets by raising confidence that prices will rise. Officials in Beijing said pension funds and ... ( read original story ...)
Shanghai Becomes China’s First City to Top CNY5 Trillion Annual GDP
(Yicai) Jan. 23 -- Shanghai has become the first Chinese city to surpass the CNY5 trillion (USD686.8 billion) mark for annual gross domestic product. ( read original story ...)