Category: Shanghai News

BlackRock, Neuberger Berman Apply for China Fund Business as Beijing Steps Up Deregulation

BlackRock and Neuberger Berman on Wednesday became the first global asset managers to submit applications to set upmutual fund units in China as Beijing pushes ahead with financial sector deregulation ……


China Developers Raise Funds at Home to Repay Pricier Offshore Debt

Chinese property firms facing a wave of maturing debt will raise funds on the mainland to refinance their offshore borrowings as funding conditions loosen in the world’s second-largest economy at a ……


China’s Pinduoduo raises $1.1 billion in private share placement

Chinese e-commerce firm Pinduoduo said on Tuesday it had raised $1.1 billion in a private share placement that will enable its further expansion and allow it to capture “additional opportunities” ……


ECMO support in Shanghai provides guidance for managing COVID-19 patients worldwide

The initial experience of extracorporeal membrane oxygenation (ECMO) management for coronavirus 2019 (COVID-19) patients in Shanghai, China provides guidance for management of critically ill COVID ……


China’s industries resume production as government officials ease restrictions

Nearly all of China’s major industrial companies have reportedly resumed production — Chinese … Cars and people are back on the streets of Shanghai. The parks are open and simple stuff like going to ……


Ominous Reports Indicate China Hasn’t Contained the Coronavirus Yet

The Chinese government is adjusting how it reports the country’s coronavirus cases: “China’s National Health Commission said on Tuesday that 1,541 asymptomatic coronavirus patients were under ……


China Post-Coronavirus Outbreak: Economy Sees ‘Massive Uptick’ In Activity

Millions of Shanghai locals are crowding train stations again, still donned in the ubiquitous surgical mask. On Tuesday, manufacturing data showed the lights have been turned on in China. Commuters in ……


1,541 asymptomatic infections under medical observation in China

Staffers deliver express packages to quarantined people at a quarantine point in Songjiang District of Shanghai, China, March 30, 2020. (Xinhua/Ding Ting) Symptom-free individuals infected with ……


Stocks in Asia Pacific mixed; China manufacturing activity rebounds in March

China on Tuesday said its official manufacturing PMI for March came in at 52.0, indicating an expansion and defying expectations of a contraction….


Smartphone maker Xiaomi says China sales already close to full recovery

Chinese smartphone maker Xiaomi Corp is seeing signs of a sales recovery in China, it said on Tuesday, as the country starts to return to normal following the coronavirus lockdown. “The (Chinese) ……