President Xi Jinping on Tuesday pledged to further open China's economy, declaring the world must “tear down walls” as he opened an annual trade fair in Shanghai.
From August 29 to September 3, Chile will celebrate nearly 49 years of diplomatic and economic cooperation with China by staging the 5th annual Chile Week in China celebration in Beijing and Shanghai, which will feature senior Chilean government delegates led by former President Eduardo Frei, leaders of Chilean industry and dozens of economic, cultural and consumer-focused events.
Trading begins on Monday (July 22) on a new Nasdaq-style technology board in Shanghai that represents one of China's most significant market reforms, and a potential weapon in its growing tech rivalry with the United States.
U.S. billionaire philanthropist Bill Gates unveiled on Tuesday in Beijing a futuristic toilet that doesn’t need water or sewers and uses chemicals to turn human waste into fertilizer. The Microsoft Corp co-founder, who a day earlier was one of the high profile guests at a major trade event in Shanghai, also lauded the globalized and free trade systems that made the toilet technology possible.
World stock markets pushed lower on Wednesday amid simmering trade tensions and the spreading financial firestorm across emerging market currencies. MSCI’s emerging markets equity index dropped for the sixth straight day, losing more than 1% in Asia and nearly fully reversing the late August bound in the benchmark.
The Shanghai World Travel Fair 2018 (SWTF) 15th edition will be taking place next May 24th to 27th and promises to be overflowing with content given the significance of China for the world tourism industry. According to statistics reported by the China National Tourism Administration, the number of outbound trips reached 130 million in 2017, and an estimated US$ 115.29 billion was spent during 2017.
Argentina received support for its economic reforms from the United States, China and Europe during the Finance ministers meeting held in Shanghai over the weekend in anticipation of the G20 heads of state and government summit next June, according to a release from the Argentine Finance ministry.
British luxury car company Jaguar Land Rover has announced plans to build two of its models in China. It will be the first full manufacturing plant for the company outside the UK. Although the plans still have to be given final approval by the Chinese government, Jaguar Land Rover has already found a site for the plant, just north of Shanghai.
Property prices in 70 Chinese cities rose slightly in June, compared to May, after eight months of decline. Home prices rose 0.3% in Beijing and 0.2% in Shanghai compared to the previous month, official data showed.
Walt Disney’s theme park in Shanghai will be built in a 7 square-kilometre area that the city has designated as a tourist destination, according to a draft blueprint of the project.