Latest Shanghai News
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Chinese supercomputer is worlds fastest at 33860 trillion calculations per second
A Chinese university has built the world's fastest supercomputer, almost doubling the speed of the US machine that previously claimed the top spot and underlining China's rise as a science and technology ...
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Hang Seng Shanghai end lower
(1 hr 3 mins ago) Hong Kong stocks finished 1.13 percent lower on Wednesday, hit by reports that property tax trials will be launched in China this year in a bid to cap soaring prices. The benchmark Hang Seng Index ended down 238.99 points at 20,986.89 on turnover of HK$61.88 billion, AFP reports. Chinese stocks closed down 0.73 percent. The benchmark Shanghai Composite Index fell 15.84 ...
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Australias ASX 200 0.98 and Chinas Shanghai -0.73
Good Morning, - Euro in demand with all eyes in Fed's statement, Bernanke conference. - Asian shares: Japan's Nikkei 1.83%, Hong Kong's Hang Seng -0.58% (07:00 GMT), Korea's Kospi -0.65%, Australia's ASX 200 0.98% and China's Shanghai -0.73% - All the major currencies marked time on Wednesday as investors waited anxiously to see if the Federal Reserve could clarify ...
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Shanghai Festival Helen Mirren Charms Audience by Learning to Swear in Chinese
– so her request to be taught how to say "pain in the arse" in Chinese during her first public appearance at the Shanghai International Film Festival stunned and amused the Chinese media ...
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Shanghai shares at new 6-mth closing low as easing hopes dashed
HONG KONG, June 19 | Wed Jun 19, 2013 3:08am EDT HONG KONG, June 19 (Reuters) - Shanghai shares closed at a new six-month low on Wednesday, as a cash squeeze in mainland money markets worsened and official news reports dampened hopes for policy easing. The Shanghai Composite Index ended down 0.7 percent at 2,143.5 points, its lowest closing level since December. The CSI300 of the ...
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15 suspects stand trial for Chinas largest online pyramid scam in Zhejiang
FIFTEEN people accused of involvement in the nation's largest online pyramid scheme stood trial yesterday in a court in east China's Zhejiang Province. On June 11, police in Jinhua City busted a website offering discounts on online purchases and arrested Ying Jiancheng and another 14 people suspected of organizing the scam involving 24 billion yuan (US$3.9 billion). An ...
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Shanghai Tower Co-opts with Eslite to Build New Urban Cultural Landmark
TAIPEI, June 18, 2013 /PRNewswire/ -- Shanghai Tower and the Eslite Spectrum in Taiwansigned a letter of intent for leasing agreement today, which marks the Eslite Life will be officially launched in Lujiazui in the Pudong New Area of Shanghai. The duo will collaborate to establish a new cultural landmark which combines the quintessence from both sides of the Taiwan Strait. This cooperation ...
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Shanghai Brides Ranked As Chinas Most Costly For Suitors
Would-be husbands of single young women in Shanghai are expected have to pay out more than 100,000 yuan, or almost $16,400, in "betrothal" gifts and cash in order to seal a marriage, more than elsewhere in China, the state-published Shanghai Daily reported today. And that doesn't include the cost of an all-important apartment, said the paper, citing a survey reported on the ...
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Shanghai negative in early trade
(42 mins ago) Shares in Shanghai were down 0.81 percent in early trading on worries over a share glut that could be triggered by the resumption of new stock offers, dealers said. The benchmark Shanghai Composite Index fell 17.52 points to 2,141.77. China's stock regulator might resume approvals for initial public offerings as early as July after a nearly eight-month suspension, state ...
Shanghai Focus
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Shanghai looking ahead to future
Shanghai is the commercial capital of China and the most populous city in the People’s Republic, with origins as a small fishing village, the city has grown into a global city with fingers that stretch across the world, exerting global influence over international cultural, commercial and political scenes. With major projects and programs underway, the future looks bright for Shanghai.
It was recently reported by international, Chinese and Shanghai news media that China had eclipsed Japan as the second-largest economy in the world. China’s GDP and economic activity has surpassed that of Japan for many decades, but the announcement was made on the back of a range of factors including imports and exports and the human development index within major cities such as Shanghai. Read more
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