Prices that were already seen as unfavorable grew by 25 percent in Beijing and by about 19 percent in Shanghai in 2016. The property price to income ratio is now 40.51, almost double the 23.87 of London, where there are also issues of affordability ... ( read original story ...)
China’s Fuxing bullet trains to restore 350 kmh speed
"The Beijing-Shanghai high speed railway is built to the highest standard ... We hold the complete intellectual property rights of the new bullet trains -- electric multiple units (EMU) -- which have reached the world's advanced level," said He Huawu ... ( read original story ...)
Workspace startup WeWork opens China unit backed by Hony Capital, SoftBank
State-owned real estate developer Greenland Group and hospitality company Jin Jiang International (Holdings) Co Ltd - parent of Hong Kong-listed Shanghai Jin Jiang International Hotels Group - will also be part of the local unit, he said. ( Editing by ... ( read original story ...)
London’s Walkie Talkie building sold for record-breaking £1.3bn
Property company Land Securities ... The group also owns and manages office and retail space in Guangzhou and Shanghai in China, as well as in central Hong Kong. The Cheesegrater, or Leadenhall Building, sold for £1.15bn in March HSBC building, 8 Canada ... ( read original story ...)
How would China fine-tune its monetary policy in second half?
As a result, the Shanghai interbank offered rate (Shibor ... Consequently, the Chinese commercial banks raised mortgage loan rates. Chinese property developers have also encountered difficulties in raising funds. Many companies have to postpone or cancel ... ( read original story ...)
Guangzhou Hosts Domestic Dialogue on Openness and Innovative Approaches for Economic Development
SHANGHAI, July 27, 2017 /CNW/ -- The Guangzhou municipal government ... "Golden 10"--the district has also rolled out a number of global talent and intellectual property protection policies. With all of its positive momentum, Guangzhou was selected as ... ( read original story ...)
Starbucks puts spotlight on China amid U.S. growth worries
The financial report, the first under Johnson’s guidance ... Johnson told Reuters that the cash deal in China, which will give it ownership of about 1,300 stores in Shanghai and Jiangsu and Zhejiang provinces, is part of the company’s “long game ... ( read original story ...)