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Shanghai, Strongest typhoon
Shanghai slammed by what China says is the city’s strongest storm in seven decades
Shanghai was brought to a standstill on Monday by what authorities say was the strongest typhoon to directly hit the Chinese financial hub in more than seven decades, with flights, trains and highways suspended during a national holiday.
Typhoon Bebinca slams Shanghai, China, sparking evacuation of more than 400,000 people
Officials in China moved some 414,000 people out of the way in Shanghai before the strongest storm in decades flooded roads and cancelled flights.
Shanghai Hit by Strongest Typhoon Since 1949
Shanghai was hit on Monday by the most powerful typhoon since at least 1949. Typhoon Bebinca flooded roads, uprooted trees, and left some residents without power. Shanghai, home to 25 million people,
China unexpectedly leaves lending rates steady
China unexpectedly leaves lending benchmark LPR unchanged
China unexpectedly left benchmark lending rates unchanged at the monthly fixing on Friday, despite the Federal Reserve delivering an outsized interest rate cut earlier this week. The one-year loan prime rate (LPR) was kept at 3.
China eyes steady growth amid Fed rate cut
"The Fed's rate cut cycle may trigger a global wave of interest rate cuts by central banks, leading to a decline in the US dollar index, an appreciation of the renminbi and global capital flowing back to emerging markets," said Yang Delong, chief economist at First Seafront Fund.
China Keeps Benchmark Lending Rates Unchanged
China kept its benchmark lending rates unchanged on Friday, despite growing expectations for a cut after the U.S. Federal Reserve’s larger-than-expected interest rate reduction earlier this week.
StringersHub on MSN
9h
China: Glass panel and metal grill fall from building amid strong winds in Shanghai
On6, 2024, @Thehappylifeoflittleforehead shared a video from Shanghai, China, where a glass panel and metal grill broke off a ...
Bloomberg L.P.
1d
Tropical Storm Pulasan Strikes East China, Days After Typhoon
Tropical Storm Pulasan reached eastern
China
near the financial capital of
Shanghai
, bringing heavy rainfall to the ...
CNN on MSN
18h
The US led on nuclear fusion for decades. Now China is in position to win the race
More recently, its pace has ratcheted up: Since 2015,
China
’s fusion patents have surged, and it now has more than any ...
10h
China court orders developer SRE to sell majority stake in Shanghai venture to repay loans
The action comes after units of SRE failed to pay 4.45 billion yuan (US$627 million) in debts, the company said in a Hong ...
1d
China Prepares for Another Typhoon After Bebinca Lashes East
Parts of China are preparing for a fresh tropical storm, just days after the country’s eastern seaboard, including Shanghai, ...
15h
China Giving Musk A Bloody Nose?
With a mixed performance in China and the overall slowdown in the global EV market, the performance of TSLA stock with ...
FiercePharma
6h
Gilead's Kite exits China cell therapy joint venture with Fosun Pharma
Gilead Sciences’ Kite Pharma will sell its stake in China’s Fosun Kite Biotechnology nearly eight years after forming the ...
Cruise Industry News
4h
Viking Notes China Return
Viking is celebrating its return to China as the Viking Yi Dun completed her first voyage from Shanghai to Hong Kong ...
Hosted on MSN
4h
With China's Upwardly Mobile, Crashing Out Of The Luxury Market
New reports indicate that luxury sales in mainland China have fallen by approximately 10% so far this year, and talking to ...
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