Shanghai

Small vintners toast China

Ari Sharp | December 1, 2008 - 0:20AM LESS than a month ago, winemaker John Ellis was contacted by a Chinese buyer keen on some decent Australian reds to import. The buyer had sampled some of the product from Mr Ellis' Hanging...

Chinese shares end 0.47% higher in morning session

Share prices on Chinese capital markets gained 0.47 percent in the morning session on Monday, on the Wall Street's rally on the previous session and the news that Chinese investors were allowed to buy shares on credit and sell...

Shanghai surprise

Monday, December 01, 2008 Marvi Memon The cross-party parliamentary delegation arrived in Shanghai at night. Shanghai was neither the Paris nor the New York of the East, it was Shanghai. The first one was a firm specialised in...

Chinese stocks close 1.25% higher on month's first trading day

Chinese equities closed 1.25 percent higher on Monday, led by gains in shares of manufacturers of electrical equipment and home appliance. The benchmark Shanghai Composite Index the month's first trading day at 1,894.62 points,...

World's largest floating dock goes into production in Shanghai

The world's largest floating dock, the "Zhonghai Emeishan," started production in CSG Ship-Repairing Base at Changxing Island, Shanghai a few days ago. This marks Shanghai's ability to take repair tasks and remodeling projects...

Mass Real Estate Vacancy in China

By Guo Pingying Central News Agency Nov 30, 2008 SHANGHAI—Indications that China is entering a recession are becoming more apparent with an estimated 50,000 acres of vacant dwellings in the real estate market. This figure is...

Asian markets trading mixed

Asian markets are trading mixed. Shanghai Composite fell 24.294 points or 1.30% to 1,846.862. Nikkei lost 166.44 points or 1.96% to 8,345.83. However, Hang Seng rose 240.90 points or 1.73% to 14,129.14. Seoul Composite rose...

Yoshimoto, theater group pact

Web Exclusive: Shaghai troupe will supply talent -- Leading Japanese talent shop, Yoshimoto Kogyo is partnering with a Chinese theater group to present comedy stage shows in Shanghai starting in mid-December.

China shares up on move to boost consumer spending

SHANGHAI, China_Chinese shares rose Monday on media reports that the government announced measures to boost consumer spending by easing restrictions on housing sales and raising subsidies for appliance purchases by rural...

China Banks to Recruit Wall Street Professionals

SHANGHAI, Dec 01, 2008 (SinoCast Daily Business Beat via COMTEX) -- China's banking regulator and commercial banks plan to recruit professionals at abroad following the financial crisis on the Wall Street. China Banking...