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20 августа, 19:00

China’s one-year LPR cut to 4.25%

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The central bank yesterday cut the one-year loan prime rate to 4.25 percent, the first pricing after the country reformed the lending rate mechanism.

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20 августа, 19:00

Retail giant Costco cashing in

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Costco’s first China store opens in Minhang District next Tuesday, with the US membership-based retailer hoping to grab a share of the nation’s booming consumer market.

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20 августа, 19:00

Top city firms post revenue of US$980b

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Shanghai’s top 100 companies posted a total revenue exceeding 6.9 trillion yuan (US$980 billion) in 2018, up 810.3 billion yuan, or 13.3 percent, year on year.

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20 августа, 19:00

Stocks slip as investors take profits

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Shanghai stocks ended slightly lower yesterday as investors took profits from earlier gains.

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20 августа, 19:00

Rebound seen in ride-hailing market

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China’s online ride-hailing market is expected to rebound in the next few years with modest growth as market players step up safety measures and improve services, an industrial report showed.

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19 августа, 19:00

Huawei granted reprieve to buy US supplies

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THE United States will extend a reprieve given to Huawei Technologies that permits the Chinese firm to buy components from US companies to supply existing customers, but also moved to add more than 40

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19 августа, 19:00

High-tech investments lead M&A

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Deal volumes of China’s mergers and acquisitions increased in most sectors, with high technology investments remaining in the number one position in volume terms, according to a PwC report released ye

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19 августа, 19:00

Evonik commits itself to a sustainable future for all

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MORE and more, major chemical companies see going green as inevitable.

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19 августа, 19:00

Lingang gives new home sales a boost

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New home sales in Shanghai rebounded last week, boosted by a robust performance in Lingang, newly added to Shanghai’s pilot free trade zone.

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19 августа, 19:00

Ad industry takes a hit across board

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Worries over an unstable economic situation have dampened spending across all categories of advertising in the first half of 2019, with total expenditure down 8.8 percent against 9.3 percent increase a

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18 августа, 19:00

LPR reform plan unveiled to cut financing costs

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CHINA’S central bank on Saturday unveiled a plan to improve and reform the country’s loan prime rate mechanism in its latest efforts to cut financing costs for the real economy. Introduced in 2013 and

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18 августа, 19:00

US to extend Huawei’s partial reprieve on supply curbs

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THE US Commerce Department is expected to extend a reprieve given to Huawei Technologies that permits the Chinese firm to buy supplies from US companies so that it can service existing customers, two