as policy makers try to engineer a soft landing for the property market. While most residential sales come from third- and fourth-tier cities, large urban centers like Shanghai are often ... ( read original story ...)
CATL to build R&D, warehousing facilities in Shanghai
Chinese electric vehicle (EV) battery manufacturer Contemporary Amperex Technology Co Ltd (CATL) has announced plans to invest CNY2.8bn (US$440m) in new facilities in the China (Shanghai) Pilot Free ... ( read original story ...)
SMM Evening Comments (Feb 22): Shanghai Nonferrous Metals Closed Mixed, Market Sentiment Was Comparatively Bullish
Shanghai nonferrous metals closed mixed as the escalating Russia-Ukraine tension kept the investors on the edge. Nonetheless, the market sentiment was comparatively bullish as China one-year and ... ( read original story ...)
Looking back on Nixon’s visit, Chinese business leaders claim win-win cooperation still key to bilateral relations
Chinese business leaders told the Global Times on Monday, in summing up the past 50 years. From wool blanket to fashion shows Prior to Nixon's visit, a Shanghai-based textile company which is now ... ( read original story ...)
A Bunch of F&Bs: Beijing Comes to Shanghai with Mosto and Zhaodai
Rumors are swirling around a little strip of prime real estate at Hengshan Lu right around the corner from the old Arkham. Shanghai’s “underground” clubbing scene is likely to be joined in the coming ... ( read original story ...)
Banks in nearly 90 Chinese cities cut mortgage rates
At Shanghai banks, the monthly growth of property loans, including mortgages, must not lag behind the growth of other loans, and the balance of real estate loans at the end of each month must not ... ( read original story ...)
Global stock market slump extends to Asia, Nikkei 225 loses 461 points
The Kospi Composite, in Seoul, South Korea fell 37.01 points or 1.35 percent to 2,706.79. China's Shanghai Composite was down 36 points in the final minutes of trading Tuesday. The Hang Seng in Hong ... ( read original story ...)