Visiting Shanghai? Insiders share tips

Occupying the upper part (79th-93rd floors) of the 492-meter Shanghai World Financial Center, all 174 rooms enjoy stunning vistas overlooking Lujiazui high-rises, the Huangpu River or the Puxi downtown area. Interiors follow a streamlined Chinese style ... ( read original story ...)

‘Ghost collateral’ haunts bank loans

The banker at the other end of the phone was furious, recalled Shanghai lawyer Wang Chaoyu. A pile of steel pledged as collateral for a loan of almost $US3 million from his bank, China CITIC, had vanished from a warehouse on the outskirts of the city. ( read original story ...)