Tag: shanghai

Shanghai lifts home-buying curbs to boost property sector

The crisis in China’s vast property sector has been a major drag on the country’s economy (Hector RETAMAL) Shanghai has relaxed rules on buying property in the city, as local governments across China aim to ease an agonising real estate crisis that is dragging on the economy. Many cities imposed restrictions and tough credit requirements […]

China’s COMAC to expand Shanghai C919 plane factory as orders grow

BEIJING (Reuters) – China’s COMAC is expanding production facilities for its homegrown C919 jets in Shanghai, according to one of the project contractors, as the state-owned planemaker ramps up manufacturing to fulfill hundreds of new orders. China Aviation Planning and Design Institute (Group) Co. Ltd. (AVIC-CAPDI), a state-owned provider of aviation planning and construction services, […]

Blinken raises Chinese trade practices in meetings with officials in Shanghai

Secretary of state Antony Blinken raised what the US describes as unfair Chinese trade practices during his first full day of meetings in China with local government officials in the financial hub of Shanghai. Mr Blinken met with the city’s top official, Communist Party Secretary Chen Jining, and “raised concerns about (Chinese) trade policies and […]

Blinken, in Shanghai, begins expected contentious talks with Chinese officials

SHANGHAI (AP) — U.S. Secretary of State Antony Blinken opened his first full day of meetings in China on Thursday by talking with local government officials in Shanghai. Blinken discussed local and regional issues with Chen Jining, the Chinese Communist Party Secretary of Shanghai. He also planned to speak to students and business leaders before […]

Asian shares are mixed and Shanghai gains on strong China factory data

BANGKOK (AP) — Asian shares were mixed on Monday, with Shanghai gaining 1% after surveys showed improvements in manufacturing conditions in China. Sydney and Hong Kong were closed for the Easter Monday holiday. Tokyo’s Nikkei 225 fell more than 1.2%, to 39,883.96, after a Bank of Japan quarterly survey on business conditions showed sentiment among […]