[photopress:c_pratt.jpg,full,alignright]Swire Pacific is looking at undertaking more property development projects in mainland China. The chairman of Swire’s Christopher Pratt, was quoted by Sing Tao Daily in The Standard (they are sister publications) as the source for this report. Christopher Pratt, seen here, said, ‘We’ve got offices and people in China looking at opportunities.’ The conglomerate, […]
Category: Economics & Trade
ING is in talks with China Post over providing insurance through a tie-up with the postal service. Hans van der Noordaa, chairman of ING's Asian insurance and investment division, told Shanghai Securities News (in Chinese) that the insurer is interested in using China Post's nationwide distribution to sell its products. ING has expertise in collaborating […]
China's business climate index, a key gauge of business performance, remained high in the third quarter of this year despite a slight decline following a series of government measures to cool the economy, according to a regular survey conducted by the National Bureau of Statistics (NBS). The index, based on a survey of 19,500 Chinese […]
The incorporation of large companies China Construction Bank and Shenhua China into the Shanghai Composite Index is altering the weighting structure of the benchmark index, Xinhua reported (in Chinese). Industry analysts said as large blue-chip stocks continue to enter the A-share market, the index will better reflect the country's economic performance. Currently the top 30 […]
[photopress:real_estate_Shanghai_fair.jpg,full,alignright]It was residential properties within Shanghai’s Middle and Outer Ring roads that were the top sellers at a closed real estate fair. They went for an average price of RMB15,000 yuan ($1,987) per square meter. The fair attracted 180 property developers and service providers from both the city and neighboring provinces who offered nearly 300 […]