Monday, 18 October 2021

Tag Archives: Shanghai

Beijing to shut 1,000 manufacturing firms by 2020

SHANGHAI: China’s capital Beijing will shut around 1,000 manufacturing firms by 2020 as part of a program aimed at curbing smog and boosting income in neighboring regions, state media said on Monday. Beijing will focus on dynamic, high-tech industries and withdraw from “ordinary” manufacturing, the Communist Party paper People’s Daily ...

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China, India battle for Bangladesh bourse

DHAKA: China and India have launched rival bids for a large stake in Bangladesh’s stock exchange, officials said Thursday, as the Asian powers jostle for strategic influence in the region. Dhaka Stock Exchange (DSE) chief executive Majedur Rahman confirmed India ‘s National Stock Exchange had offered 15 taka ($0.18) per share ...

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Blue chips lead China stocks higher; Hong Kong also up

SHANGHAI: China stocks rose on November 21, with brokerages leading blue chips higher as analysts expect the sector to benefit from a stronger-than expected stock market performance this year. At the lunch break, the Shanghai Composite index was up 13.43 points or 0.4 percent at 3,405.83. China’s blue-chip CSI300 index ...

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UK now less appealing to rich Chinese

LONDON: The UK has slipped down the list of preferred destinations for Chinese millionaires considering moving overseas, a report suggests. While the US remains the favourite place to settle, Canada now ranks second pushing Britain into third spot. The survey found around half of those millionaires quizzed were mulling a ...

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