As Shanghai's GDP per capita continues to rise, the city's consumer spending patterns are shifting, with a larger portion of spending expected to be directed toward services. To meet this demand, ... ( read original story ...)
China launches a blitz of policies to help its economy, plans talks with the US on trade
China has cut interest rates and bank reserve requirements as part of a barrage of measures meant to counter the blow to its economy from U.S. President Donald Trump’s trade war ... ( read original story ...)
Shanghai Tops 22 Global Business Metrics, World Bank Report Shows
(Yicai) May 7 -- Shanghai has achieved the global leader ranking in 22 of the 59 business indicators identified by the World Bank in its latest survey that polled 2,189 Chinese firms. ( read original story ...)
Shanghai leads in 22 World Bank business environment gauges
Among the 59 gauges that the World Bank has used to measure the business environment, Shanghai has reached the best level for 22 gauges, according to the latest WB report. The discoveries were part of ... ( read original story ...)
World shares mostly slip after Wall St breaks its winning streak
On Monday, the S&P 500 fell 0.6% to 5,650.38, ending a nine-day winning streak, its longest since 2004. The Dow Jones Industrial Average declined 0.2% and the Nasdaq composite shed 0.7%. ( read original story ...)
Japanese, Singaporean Banks Lead Capital Raising Recovery In Asia-Pacific
Capital raising by Asia-Pacific banks recovered in March as major lenders in Japan and Singapore tapped the debt market amid a stable interest rate environment. ( read original story ...)
Russian Shluchim Join a Melave Malka in Shanghai, China
Shluchim accompanying the “YAHAD” Jewish students trip from Russia and other countries joined a Melave Malka in their honor at Chabad of Shanghai, led by Rabbi Shalom Greenberg. ( read original story ...)