“High living costs, including house prices, have affected the introduction of education and medical talents,” Weng Tiehui, a vice-mayor for education and health, was quoted as saying by the Shanghai-based news portal Thepaper.cn. “Many graduates with ... ( read original story ...)
Bombardier delivers first Innovia APM 300 to Shanghai Shentong
Railway Technology News, views and contacts from the global Railway industry Bombardier Transportation has delivered the first driverless Innovia automated people mover (APM) 300 vehicle to Shanghai Shentong Metro Group in China. The vehicle delivery is ... ( read original story ...)
Shanghai shares snap five-session losing streak as tech stocks rally
Shanghai’s benchmark stock index rose on Tuesday, snapping a five-day losing streak, as small-caps staged a sharp afternoon rebound that let an index tracking them halt an eight-day slide. The blue-chip CSI300 index rose 0.2 per cent to 3,326.36 points ... ( read original story ...)
Property investors lead home loan surge
Housing investors led a strong jump in mortgage lending in November, adding credence to other signs of a bounce in the Australian housing market. Overall, the value of lending rose 2.2 per cent for the month to $33.2 billion. Investor loans made up around ... ( read original story ...)
Mayor of China's Shanghai steps down in reshuffle: city government
The government did not say who Yang's replacement would be, but a new mayor could be announced when the Shanghai municipal People's Congress wraps up later this week. Executive vice mayor Ying Yong is seen by some as a top contender. Ying worked under Xi ... ( read original story ...)
China Said to Intervene in Stock Market as Xi Attends Davos
The Shenzhen Stock Exchange and the Shanghai Stock Exchange declined to comment. The most important market news of the day. The school, work and life hacks you need to get ahead. You will now receive the Game Plan newsletter Xi’s presence at Davos marks ... ( read original story ...)
China-led lender draws members, not staffers
"The bank is paying the price of not placing its main office in Shanghai or Hong Kong ... Kong newspaper that the U.S. made a strategic mistake in not joining the China-led lender. Trump has made multiple hard-line comments about China. ( read original story ...)