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Chinese tech giants lead trade initiative’s’ rail technology boom
The Shanghai Intex Exhibition highlighted China’s development of large, structured networks with independent technology and diversified systems for megacity subway systems and medium-capacity monorail services. The traditional voice interaction is ... ( read original story ...)
Shanghai stock exchange OKs Didi Chuxing’s $1.6 billion shelf offering
(Reuters) - The Shanghai Stock Exchange has approved a 10 billion yuan ... The funds will be used for transport supply chain financing, allowing car leasing enterprises to procure new vehicles which will in turn expand capacity on Didi’s platform. ( read original story ...)
Exclusive: Regulator shopping in vogue as China’s shadow banks evade Beijing’s grip
SHANGHAI/BEIJING (Reuters) - Some of China’s biggest shadow banking groups are shopping for regulators in far-flung regions to help pass deals unlikely to be approved by more savvy regulators closer to home, according to multiple sources with direct ... ( read original story ...)
China to appoint Yi Gang as new central bank governor: WSJ
SHANGHAI (Reuters) - China has selected American-trained economist Yi Gang to become the country’s new central bank governor, the Wall Street Journal (WSJ) reported on Sunday, citing unnamed people with knowledge of the matter. The WSJ said the ... ( read original story ...)
Protect 2018: Yitu Technology Brings AI-Powered Facial Recognition To The Philippines
The Shanghai-based Yitu Technology was a gold sponsor at Protect 2018 and joined the accompanying exhibition to showcase its facial recognition software. Yitu Technology was founded in 2012 by two engineers who wanted to advance the state of homegrown ... ( read original story ...)
Shanghai Pudong Development Bank ‘BBB/A-2’ Ratings Affirmed On Strong Government Support; Outlook Stable
HONG KONG (S&P Global Ratings) March 13, 2018--S&P Global Ratings today affirmed its 'BBB' long-term and 'A-2' short-term issuer credit rating on Shanghai Pudong Development Bank Co. Ltd. (SPDB). Our outlook on the long-term rating is stable. We also ... ( read original story ...)