Defaulted Chinese developer Shimao Group Holdings Ltd. is facing a demand to liquidate from creditor China Construction Bank (Asia) Corp., one of the most prominent examples yet of a state-backed bank ... ( read original story ...)
Mind the gap: Woman gets trapped in Shanghai travelator after stepping on missing floor plate
A grocery run went awry for one woman in China after she found her lower body trapped in a malfunctioning travelator. The incident occurred at a supermarket in Shanghai on April 4 at about 4.30pm, ... ( read original story ...)
Trip.com Group launches free Shanghai city tours for transit travellers
Travellers transiting at Shanghai Pudong International Airport (PVG) for more than eight hours will be able to participate in free layover city tours offered by Trip.com Group from April 15. ( read original story ...)
Property expected to see sound spring recovery, experts say
A property market recovery is likely to emerge in many cities in early spring, thanks to the central government's resolve to keep the market healthy and stable, coupled with heightened expectations of ... ( read original story ...)
RUDA, PCBDA Teams Showcase Transformative Projects at Shanghai Property and Investment Expo
The RUDA and PCBDA team, alongside prominent global participants, made a significant impact at the Shanghai Property and Investment Expo, highlighting innovative real estate ventures and strategic ... ( read original story ...)
Xiaomi’s maiden EV, selling at a loss, turbocharges price war forcing China’s small players out of business
Strong sales of smartphone vendor Xiaomi’s first electric car have exacerbated a price war in the sector that is squeezing the profit margins of most players in China. ( read original story ...)
Shanghai woman sentenced for ‘professional salary fraud’ scheme
The Pudong New Area People's Court in Shanghai found Tao guilty of fraud. The court determined her actions constituted illegal possession due to the fabricated documents and concealment of truth, ... ( read original story ...)