RSS Shanghai Daily: Business

  • Sony bullish over business in China January 18, 2018
    Sony Corp expects its business in China to grow strongly this year amid a market of 230 million middle-class consumers who are upgrading their consumption patterns, the company’s China president said
    Zhu Shenshen
  • Economy set for ‘stable growth’ this year January 18, 2018
    CHINA’S economy is likely to experience stable growth this year, although continuing deleveraging efforts, regulatory tightening and subsequent liquidity concerns are the key challenges, says investment
    Huang Yixuan
  • China cuts US debt holdings January 18, 2018
    China cuts its holdings of US Treasury securities in November, after adding US$8.4 billion in October.
  • 6.9% GDP increase beats forecasts January 18, 2018
    CHINA'S economy expanded by a more-than-expected 6.9 percent last year, amid the deepening of supply-side reforms, the National Bureau of Statistics said yesterday. The annual growth of GDP was above
    Feng Jianmin
  • Stable home markets in 15 major cities indicate policy effectiveness January 18, 2018
    Housing markets in China’s 15 major cities were generally stable for another month in December as differentiated rein-in policies to curb speculation continued to take effect, data released yesterday by
    Cao Qian
  • PPDai to invest in research institute January 18, 2018
    PPDai, China’s first online P2P (peer-to-peer) lending platform listed in the US market, said yesterday that it will invest 1 billion yuan (US$156 million) within three years to set up 
    Rich Zhu
  • Emirates throws A380 a lifeline January 18, 2018
    An Airbus A380 of Emirates Airlines lands at Dubai’s International Airport. Emirates yesterday said it has struck a US$16 billion deal to buy 36 A380 aircraft just days after Airbus said it would have to halt production without new orders. Emirates placed firm orders for 20 of the aircraft with options for a further 16. […]
  • Cross-border capital flow seen balanced January 18, 2018
    China saw more balanced cross-border capital flow in 2017 as willingness to purchase the greenback waned thanks to rising confidence in the yuan and the domestic economy. Chinese banks’ net forex settlement
  • HNA chairman confident group will turn corner January 18, 2018
    HNA Group Chairman Chen Feng has expressed confidence that China’s aviation-to-financial service conglomerate will manage its cash crunch, and continue to receive support from banks and other financial
  • Shanghai shares hit 2-year high, HK at new record January 18, 2018
    Shanghai shares rose to a two-year high yesterday when Hong Kong stocks climbed to a fresh record as investors tracked another milestone on Wall Street, but Asia-wide markets struggled to keep up the recent