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5G to transform messaging

5G to transform messaging

A white paper on 5G mes­saging, with multimedia and interactive features, was re­leased yesterday by Chinese mobile carriers and industry partners, including smart­phone vendors and service providers. ...

Zhu Shenshen | April 9, 2020, Thursday


WTO predicts global trade to plummet by up to a third

WTO predicts global trade to plummet by up to a third

GLOBAL trade is expected to plummet by up to a third in 2020 due to the coronavirus pandemic, the World Trade Organization said yesterday, warning that the numbers would be “ugly.” “World trade is expected ...

April 9, 2020, Thursday


Europe feuds over aid package

Europe feuds over aid package

EUROPEAN governments remained at loggerheads yesterday over measures to help the economy weather the coronavirus outbreak, breaking off a meeting of finance officials who clashed over aid conditions and ...

April 9, 2020, Thursday


Capital inflows in Shanghai up 4.5%

Capital inflows in Shanghai up 4.5%

SHANGHAI reported rising foreign capital inflows totaling about US$4.67 billion in the first quarter of this year, which was up 4.5 percent year on year, the city government said yesterday. Shanghai issued ...

April 9, 2020, Thursday


Business giants reveal investment plans for Hubei

Business giants reveal investment plans for Hubei

BIG businesses have come forward with investment plans and financial assistance for Wuhan and Hubei Province to revive the economy hit hard by the coronavirus outbreak. Walmart China said yesterday that ...

Ding Yining | April 9, 2020, Thursday


Virus hits consumer confidence

Virus hits consumer confidence

Shanghai’s consumer confidence fell in the first quarter amid the COVID-19 pandemic but still remained in positive territory, according to a survey released yesterday....

Huang Yixuan | April 9, 2020, Thursday


Competition for jobs is rising again

Competition for jobs is rising again

Competition among job seekers remains fierce this spring, according to a new study from recruiting company Zhaopin....

Tracy Li | April 9, 2020, Thursday


Shares dip after week opened up

Shares dip after week opened up

China stocks retreated slightly from Tuesday’s rally, but rich communication services continued to perform strongly....

Raven Huang | April 9, 2020, Thursday


Yum boosts presence in local market

Yum boosts presence in local market

Yum China Holdings has completed the acquisition of a controlling interest in the Huang Ji Huang group, a Chinese-style casual dining franchise, to strengthen its foothold in the Chinese market, it said...

Ding Yining | April 9, 2020, Thursday


Tough year for light vehicles

Tough year for light vehicles

CHINA’S light vehicle sales are predicted to fall 9.9 percent year on year to 22.4 million units in 2020, driven by a first-quarter plunge and weak demand, according to an in­dustry report by research ...

Hu Yumo | April 8, 2020, Wednesday


Alibaba acts as ‘economic winter’ hits

Alibaba acts as ‘economic winter’ hits

ALIBABA said it will expand relief efforts for small and me­dium-sized enterprises in the wake of economic uncertainties arising from the coronavirus pandemic. The e-commerce giant is ex­tending immediate ...

Ding Yining | April 8, 2020, Wednesday


360 says hackers target Chinese agencies

360 says hackers target Chinese agencies

MASSIVE hacking operations targeting Chinese government organizations, including Shanghai and Beijing departments, have been found, China’s biggest online security firm 360 said yesterday. It said they ...

Zhu Shenshen | April 8, 2020, Wednesday


Meet backs trade zones, online fair

Meet backs trade zones, online fair

CHINA will establish new pilot zones for cross-border e-commerce, support the processing trade and host an online Canton Fair to stabilize foreign trade and investment amid the novel coronavirus pandemic, ...

April 8, 2020, Wednesday


Weekly new home sales plunge

Weekly new home sales plunge

Sentiment among new home buyers retreated in Shanghai last week from an over two-month high as real estate developers chose to sit on the sidelines again....

Cao Qian | April 8, 2020, Wednesday


Pre-owned market triples

Pre-owned market triples

The city’s existing housing market saw signs of recovery last month with transactions of pre-owned homes more than tripling from February. Citywide, about 15,000 pre-owned homes changed hands in March, ...

Cao Qian | April 8, 2020, Wednesday




 

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