In 2009, the Beijing Television Cultural Center caught fire after being hit by fireworks during the Chinese New Year holiday. In 2010, a high-rise apartment fire in Shanghai killed 58 people. And a 2014 New Year’s Eve stampede on Shanghai’s riverside ... ( read original story ...)
China stocks led lower by finance, transport
led lower by financial and transport firms. Investors are worried about whether China's central bank could follow the US Federal Reserve, which is widely expected to raise interest rates this week. At the close, the Shanghai Composite Index was down 41.19 ... ( read original story ...)
China Banking Association Denies Calling for Less Regulation
China Merchants Bank, Shanghai Pudong Development Bank, China Citic Bank, Industrial Bank, Everbright Bank, Minsheng Bank, Ping An Bank, Huaxia Bank, China Guangfa Bank and China Zheshang Bank were the 10 lenders mentioned in the document. In the document ... ( read original story ...)
Five areas to tackle for new Shanghai SIPG boss Pereira
Former Porto and Fenerbahce boss Vitor Pereira vowed to go one better than fellow Portuguese Andre Villas-Boas and win a trophy in his first season at big-spending Shanghai SIPG. But the 49-year-old, who succeeded Villas-Boas at Porto in 2011 and was named ... ( read original story ...)
World’s 2nd-tallest building the Shanghai Tower opens with a whimper after delay
But its size and complexity caused delays in clearing fire safety regulations, partly because no building codes existed for some of its features - despite China's rapid pace of development and push to champion Shanghai as a global financial centre. " ( read original story ...)
China stocks fall, financial and transport firms weigh
SHANGHAI, Dec 12 (Reuters) - China stocks fell on Tuesday, erasing the bulk of their gains the previous session, led lower by financial and transport firms. Investors are worried over whether China’s central bank would follow the U.S. Federal Reserve ... ( read original story ...)
Unified APP of China’s Banking Industry, “Mobile QuickPass” Officially Launches Today
SHANGHAI, Dec. 12, 2017 /PRNewswire/ -- On December 11, China UnionPay joined hands with over 30 Commercial banks and payment institutions to launch "Mobile QuickPass", the unified APP for China's banking industry. By integrating mobile payment functions ... ( read original story ...)