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  • September 24, 2014
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  1. News - China - DIPLOMACY

    Pressure on Beijing amid claims of Kim Jong-un's stashed millions

    Posted Mar 13th 2013, 12:00am by Staff Reporter

    ... norms The report said South Korean and American officials had urged Beijing to include the accounts in the latest sanctions, but Beijing had refused. "Following North Korea's third nuclear test, China has demonstrated willingness to take part in sanctions against the North," the report quoted a source as saying. "But Beijing is reluctant to touch North Korea ...

  2. Business - Comment - MR. SHANGKONG

    Hong Kong lawmakers need Shanghai trip to face up to social issues

    Posted Mar 31st 2014, 05:27am by George Chen

    ... for Relations Across the Taiwan Strait, which worked with its counterpart in Taiwan to establish the well-known "1992 Consensus". This time, will Shanghai make its mark in the political ... are unhappy is related to a series of policymaking failures at the local government level, where many department heads or even the mayor of Shanghai didn't have enough power to make their own ...

  3. Business - China Business - RETAILING

    Shanghai outlet centre to promote affordable Italian luxury

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

    ... 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 ... said Duke Zhen, DTZ North China's head of retail. "Online shopping has only had an impact on the physical stores dealing with mass-market products, such as low-end clothing shops, ...

  4. Business - Banking & Finance - BANKING

    Shanghai allows city-owned firm to buy bad loans from local banks

    Posted Mar 07th 2014, 02:40pm by Reuters

    ... state media reported yesterday. It is the latest local government on the mainland bracing for an expected rise in bad debt. Shanghai's launch of a dedicated "bad-loan bank" ... and industries suffering from overcapacity being a key source of concern. Unlike the two provinces, Shanghai had authorised an existing state-owned firm, Shanghai State-owned Assets Operation, to buy ...

  5. Business - Banking & Finance - COMMODITY TRADING

    New Shanghai free-trade zone to lead push in futures

    Posted Jul 10th 2013, 12:00am by George Chen, Enoch Yiu

    ... George Chen and Enoch Yiu Beijing plans to allow foreign commodities exchanges to set up delivery warehouses in a move to challenge Singapore and Korea New trade zone to lead push ... challenging Singapore and South Korea's regional dominance in this business and helping Hong Kong Exchanges and Clearing to expand into commodities trading. Sources familiar with the situation ...

  6. Business - Comment - MR. SHANGKONG

    Hong Kong's top ranking for economic freedom feels a good laugh

    Posted Jan 20th 2014, 12:15am by George Chen

    ... the Economist group's advisory service unit for senior corporate executives issued a warning on the outlook for Hong Kong's business. It said the city was "at serious risk of losing its ... the regional headquarters of many Fortune 500 firms, but the growth trend looks weak. Pressure and competition for Hong Kong is coming not just from the north. The Heritage Foundation noted the growing ...

  7. 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

    ... George Chen george.chen@scmp.com That's what Christmas means on the tinsel-laden streets of the mainland's big cities, even though state media outlets aren't buying into all ... of the Christmas season to push up sales in recent weeks. For example, all kinds of Christmas-related decorations have been set up across Nanjing Road in Shanghai, the busiest shopping avenue ...

  8. Business - China Business - industry

    Pollution heads south to Shanghai as steel mills driven from Beijing's environs

    Posted Jan 03rd 2014, 02:13pm by Reuters

    ... relatively low over the past month, index readings in Shanghai and elsewhere on the eastern coast have hit record highs. Following Beijing’s lead to eliminate steel production in the city, Shanghai ... products manufacturers have ramped up production because of better demand and a stronger economy,” said Feng Juncong, an analyst at state-backed Antaike Research. “The pick-up in manufacturing ...

  9. Business - Banking & Finance

    Regulation delay puts foreign banks in a spot in Shanghai free-trade zone

    Posted Jan 14th 2014, 08:51am by Jeanny Yu; George Chen

    ... this is relatively unlikely to happen," Orr said. On Monday, Shanghai vice-mayor Tu Guangshao said at the Asian Financial Forum that the central bank would issue more detailed policies in the coming ...

  10. Business - China Business - LISTINGS

    IPO hopeful's business is built on a dead certainty: hundreds of millions of Chinese will die one day

    Posted Dec 03rd 2013, 01:57pm by George Chen

    ... of shares to raise up to US$250 million on the Hong Kong stock exchange. If successful, Fu Shou Yuan, which offers tombs, funerals and other death-related ceremonial services on the mainland, would ... established in Shanghai in 1994, has service centres in eight cities and provinces, with more than 20 subsidiaries that provide death-related services.... a good business is a good business, and you ...




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