Category: Shanghai News

The Latest: 400 German managers, workers returning to China

The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause ……


China’s Didi Chuxing Raises Over $500 Million for Autonomous Driving Unit

China’s Didi Chuxing said on Friday it had completed a fundraising round of over $500 million for its autonomous driving subsidiary….


China’s Didi Chuxing raises over $500 million for self-driving unit

China’s Didi Chuxing said on Friday it had completed a fundraising round of over $500 million for its autonomous driving subsidiary that was led by SoftBank Group’s Vision Fund 2. The ridehailing ……


China Excludes Clean Coal Projects From List Eligible for Green Bonds

China has excluded “clean coal” from a list of projects eligible for green bonds, according to long-awaited new draft guidelines published by the central bank on Friday….


Global Stocks Retreat on U.S.-China Tensions

International stocks traded lower, as investors braced for President Trump’s response to China’s push for tighter security controls on Hong Kong….


Asia shares fall as US-China tensions douse rally on Wall St

Shares are mostly lower in Asia after Wall Street’s rally petered out amid worries about flaring U.S.-China tensions ……


China Cenbank Makes Biggest Weekly Cash Injection via OMO Since Mid-Jan

China’s central bank will inject 300 billion yuan ($41.99 billion) into money markets on Friday through seven-day reverse bond repurchase agreements, traders said….


Volkswagen Closes In on 50% Stake in China Partner Jianghuai

Volkswagen AG is seeking a 50% stake in Chinese electric-vehicle partner Anhui Jianghuai Automobile Group Holdings Ltd., expanding its footprint as the world’s largest car market gradually recovers….


Long Odds: China’s Bet on REITs Draws Sceptics

China’s plans to introduce real estate investment trusts (REITs) mark a crucial step to get private money to fund infrastructure such as toll roads and sewage systems, but authorities have their work ……


ISH China and CIHE Rescheduled to August 2020

August, after the fair was postponed from its original May date due to the COVID-19 outbreak. The fair will be held at the New China International Exhibition Center in Beijing. ISH China and CIHE is ……