Former ICBC Shanghai Branch Head Sentenced to Life

The former head of the Shanghai branch of Industrial and Commercial Bank of China Ltd. (ICBC) was sentenced to life in prison for taking more than 136 million yuan ($21 million) in bribes between 2008 ... ( read original story ...)

Shanghai heritage brands launch new mooncakes

Several heritage brands in Shanghai have launched mooncakes with novel flavors in preparation of the upcoming the Mid-Autumn Festival on Sept 21 this year. Xinghualou, a 170-year-old mooncake brand in ... ( read original story ...)

Property sector pivots toward national goals

At the July 30 meeting, the top leadership stressed that as a long-term mechanism for the smooth functioning and healthy development of the property market is being established, an overall ... ( read original story ...)

China Stock Market May Reverse Thursday’s Losses

The China stock market on Thursday snapped the three-day winning streak in which it had gathered almost 75 points or 2.1 percent. The Shanghai Composite Index now rests just beneath the 3,525-point ... ( read original story ...)