Stocks show a promising start as risk appetite rebuild. China’s central bank vows to ensure a healthy property market, a sign authorities are ready to contain any fallout from Evergrande’s debt crisis ... ( read original story ...)
China, HK shares rise as real estate stocks jump on central bank promise
SHANGHAI: Chinese shares rose on Tuesday, led by real estate stocks, after the central bank pledged to protect consumers exposed to the housing market, while Hong Kong gained as property and tech ... ( read original story ...)
Asian markets mostly fall on China energy, Evergrande worries
Asian shares mostly fell Tuesday as concerns about China chipped away at investor optimism following a mixed finish on Wall Street. ( read original story ...)
Pudong reaches for the sky with its high life
Back then, the Lujiazui area on the Pudong side of the river, which now has the most skyscrapers in the city and is a symbol of Shanghai's prosperity and financial power, had nothing except fields. So ... ( read original story ...)
No, Shanghai is Not About to Suffer From a Power Blackout
State Power Shanghai Company has dismissed as incorrect a post being shared on social media platforms with claims that the city is about to suffer a widespread blackout, report Shine. Instead, they ... ( read original story ...)
The cherished city
Both skyscrapers and historical buildings decorate the Shanghai skyline. [PHOTO BY GAO ERQIANG/CHINA DAILY] In 1949, the People's Liberation Army made a concerted effort to safeguard historical ... ( read original story ...)
The Huawei Hostage Crisis Is Not Over – It Has Escalated
China is the only “serious” country today which uses hostage-taking of innocent foreign citizens as a tool of official statecraft. It has now extended this practice into the commercial sphere – and ... ( read original story ...)