Other Briefings
Latest China Census to Include Expats
SHANGHAI, Jan. 18 – For the first time ever, foreigners including those from Hong Kong, Macau and Taiwan will be accounted for by China’s national population census beginning November 1 in Shanghai. Census workers will scour the city and collect information on the age, nationality, level of education, profession and population migration of foreign residents. […]
FedEx Launches First Direct Boeing Cargo Service from Shanghai to United States
SHANGHAI, Jan. 15 – Shipping giant FedEx will launch its first Boeing 777 cargo service from Shanghai to its hub in Memphis, Tennessee. The new service will give clients in Shanghai, Suzhou and Kunshan a two-hour improvement in cut-off times easing international shipping reports The Associated Press.
Shanghai Expo 2010: The Swedish Pavilion
The 2010 World Exposition in Shanghai will be the first registered one in a developing country. Officially known as “Expo Shanghai 2010,” it will last 184 days and provide China an opportunity to show off its remarkable economic growth. The expo will also give foreign nations and companies a chance to further develop business partnerships […]
Shanghai Expo 2010: The Norwegian Pavilion
The 2010 World Exposition in Shanghai will be the first registered one in a developing country. Officially known as “Expo Shanghai 2010,” it will last 184 days and provide China an opportunity to show off its remarkable economic growth. The expo will also give foreign nations and companies a chance to further develop business partnerships […]
First Interbank Clearing House Set in Shanghai
SHANGHAI, Nov. 30 – The country’s first interbank clearing house was launched in Shanghai on Saturday cementing government goals to make the city an international financial hub. The interbank market with a registered capital of RMB300 million will comprise of banks, securities firms, and asset management companies which trade currency derivatives, bonds and commercial bills […]
Shanghai Apartment Sale Breaks Record at RMB96 Million
SHANGHAI, Nov. 18 – A luxury apartment broke price records when it was sold for RMB96.09 million (US$14.07 million) to an unidentified buyer reports Shanghai Daily. The Tomson Riviera luxury complex apartment was priced at RMB160,848 per square meter and located on the 28th floor of Block A. The 597 square meter apartment in Lujiazui […]
Shanghai to Make Details of its Expense Budget Public
SHANGHAI, Nov. 13 – Following Guangdong Province’s move to make its government expense budget downloadable on its website, Shanghai is also releasing details of its expense budget to the public for the first time. The expense budget will include collection, distribution and application of special funds, administrative and institutional unit revenues, as well as welfare […]
Swedish Arbitration Court Rules in Favor of Danone
Nov. 10 – A Swedish arbitration court was found to have ruled in favor of French food group Danone saying that Chinese beverage producer Hangzhou Wahaha breached confidentiality and non-competition agreements. The confidential arbitration decision was given on the same day that Danone decided to amicably settle the matter with Wahaha reports The Financial Times. […]
