People visit the Bund in front of Shanghai's financial district of Pudong in Shanghai ... in China following the financial opening-up policies announced by the central bank in mid-April, as well as the increased quota for qualified domestic investment ... ( read original story ...)
Shanghai forging itself into global shopping hub
Shanghai has so far gathered a number of high-end international and domestic brands. As of 2018, 55.3 percent of international retailers are doing business in the city, meaning Shanghai now ranks second in the world, with 90 percent of high-end ... ( read original story ...)
Shanghai is preparing to take the lead on AI
In fact, at the conference this year, an entire track is dedicated to AI, encouraging discussions on building a society powered by the technology as well as its applications other industries such as healthcare, lifestyle and banking. At the AWS Shanghai ... ( read original story ...)
China’s latest policy for deflating the property bubble merely buys time, instead of offering relief
Real estate is the driver of the Chinese economy ... In big cities, such as Beijing and Shanghai, yields are hovering around 1.5 per cent (compared to an average of about 3 per cent in the US and 4 per cent in Canada). Wages in China simply aren’t ... ( read original story ...)
Respite May Be Close for These Battered Asian Stock Markets
The past two weeks have been ugly for Asian stock markets ... The rout has been rough. The Shanghai Composite Index just completed a fifth weekly plunge, with the specter of a bear market looming amid a possible trade war between the U.S. and China. ( read original story ...)
China and Hong Kong stocks slide, with Shanghai Composite Index declining to two-year low
The Shanghai Composite Index retreated by 1.1 per cent, or 30.42 points, to 2,859.34, its lowest close since June 2016. The sale of mainland equities by overseas investors through the exchange link with Hong Kong touched in a four-month high on Monday. ( read original story ...)
Shanghai wants to be city for leading brands to debut products
Shanghai wants to entice the world's leading brands to pick the city as the first choice to debut their new products as well as open their first store by promoting the Shanghai Shopping brand. The city will develop platforms to help these leading fashion ... ( read original story ...)