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  • September 20, 2014
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  1. Business - China Business - RETAILING

    Shanghai outlet centre to promote affordable Italian luxury

    Posted Feb 27th 2014, 10:21am by Daniel Ren

    ... on conspicuous consumption and corruption. But while the crackdown has slowed growth in luxury retail sales and caused some commercial developers, international brands and shoppers to shun the very term ... confidence in the sector. "The luxury market is related to design and creativity," he said. "Unfortunately, however, it is synonymous with lavish spending and corruption ...

  2. Business - China Business - MR. SHANGKONG

    Faith can go on its merry way, but get the festive spirit and shop

    Posted Dec 23rd 2013, 04:47am by George Chen

    ... is certainly right to attack corruption, some business people argue his anti-corruption efforts have gone too far and been turned into micro-management. "Don't send your friend a Christmas ...

  3. Business - China Business - ART

    Chinese art buyers help Christie's to record sales year

    Posted Jan 22nd 2014, 05:02pm by George Chen

    ... buyers accounting for half the total, the firm said. It also launched a Chinese-language website. Asked if Christie's is worried about Beijing's anti-corruption crackdown that has ...

  4. Shanghai to rein in property market, says party chief

    Posted Nov 08th 2004, 12:00am by Staff Reporter

    ... Fanny Fung in Shanghai Shanghai will tighten its control over land management and build more mid-priced flats to cool the property market, Shanghai party secretary Chen Liangyu has revealed. Three million square metres of land will be set aside each year ...

  5. Officials crack down on outspoken Shanghai daily

    Posted Jul 18th 2012, 12:00am

    ... Louise Ho louise.ho@scmp.com Two senior executives of a major Shanghai newspaper were removed or suspended yesterday, sources said, a day after a newspaper in Guangdong saw its editor-in-chief removed and a considerable amount of coverage cut. Lu Yan, pub ...

  6. Check to be kept on pension fund

    Posted Dec 07th 2006, 12:00am by Bill Savadove

    ... following a massive corruption case. The moves, announced by local media yesterday, are among several that appear aimed at asserting central government control over the local government. ... though justified as part of a crackdown on corruption, was widely seen as a move by President Hu Jintao to strengthen his power. Shanghai planned to set up a social security fund supervision ...

  7. Millions of small investors get protection

    Posted Jan 12th 2012, 12:00am

    ... Daniel Ren in Shanghai ren.wei@scmp.com A new department to protect the interests of 72 million individual investors has been set up by the mainland's securities regulator, which is likely to roll out more policies to allow small players to seek comp ...

  8. News - Hong Kong - HONG KONG ECONOMY

    Google's Eric Schmidt to Hong Kong: You need more engineers to start companies like mine

    Posted Nov 04th 2013, 06:00pm by George Chen

    ... to be bigger. The little company wanted to be bigger too but they just didn’t do it. So as long as the rules are clear, as long as there is no corruption, it strikes me as a fair and clear answer,” he ...

  9. Business - China Business - MR. SHANGKONG

    Hotlines spring up for China VIPs to buy luxury goods amid anti-graft drive

    Posted Jul 22nd 2013, 12:00am by George Chen

    ... of bribery and corruption. So, nowadays if someone important wants to buy luxury products but for some reason does not want to be seen in the shop, he or she just calls a hotline and asks ... have grown busier since Xi took office earlier this year and quickly launched a nationwide campaign to fight corruption on all levels. That explains why, although the shops may be empty, ...

  10. Business - Banking & Finance - MR. SHANGKONG

    Hope highlights the divide between Hong Kong and Shanghai

    Posted Sep 02nd 2013, 12:00am by George Chen

    ... of the city and the entire nation, too. Just few years ago, the city's party boss, Chen Liangyu, an ally of former president Jiang Zemin, was jailed for corruption. More recently, several senior ...




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