The People’s Bank of China kept its one- and five-year loan prime rates unchanged at 3.35% and 3.85%, respectively, on Friday, as expected, to help the economy recover. Both rates remain at record ... ( read original story ...)
Back-to-back storms batter Shanghai
Back-to-back storms have slammed into eastern China, drenching the financial hub of Shanghai especially hard. Typhoon Bebinca, ... ( read original story ...)
Shanghai evacuates hundreds of thousands as Typhoon Pulasan triggers heavy rainfall
SHANGHAI, Sept. 20 (Xinhua) -- China's financial hub, Shanghai, had evacuated 112,000 people as of Friday morning due to Typhoon Pulasan, which brought record-breaking rainfall to parts of the city. ( read original story ...)
Tropical Storm Pulasan Nears Shanghai After Grazing Japan
Tropical Storm Pulasan made landfall near Shanghai on Thursday, halting trains, grounding ferries and bringing the risk of floods and landslides three days after the Chinese megacity was pounded by its strongest typhoon in 75 years. ( read original story ...)
Viking returns to China with a cruise from Shanghai to Hong Kong
Viking Holdings Ltd. (NYSE:VIK) announced that it returned to China after the Viking Yi Dun completed the ship's first voyage from Shanghai to Hong Kong. The cruise line operator said its new itineraries include a domestic sailing of China’s coast that highlights rarely visited destinations and ports to which only Viking has access. ( read original ...
Shanghai: Worst typhoon in 75 years
On Monday, Shanghai was hit by Typhoon Bebinca, the strongest since 1949, with wind speeds of over 150km reported. 25 million people were advised to stay at home and 400,000 people were evacuated by ... ( read original story ...)
Shanghai cleans up after strongest storm in decades hits megacity
Fallen trees are cut up waiting to be removed in downtown Shanghai. Emergency workers cleared fallen trees and other debris from Shanghai's streets after the strongest storm to hit the Chinese ... ( read original story ...)