Topic: Shanghai
By the U.S. subprime mortgage crisis triggered the economic crisis has spread around the world, while China, the rising China, relatively speaking, has become a haven for the global economy. When the U.S. Congress House of Representatives, the Senate is still heated ...
BEIJING (Reuters) - China will stick to its active fiscal policy and loose monetary measures even though its economic recovery is now on more solid footing, Premier Wen Jiabao said on Thursday. Wen's comments are the latest reiteration of Beijing's accommodative policy ...
The global recession put a damper on what are known as eco-cities, or big real estate developments that dramatically cut carbon emissions. The most notable delay has affected a major project planned for Dongtan, outside Shanghai. But with the recession easing and ...
China is preparing for the biggest and most extravagant World Expo in history, with billions of dollars allocated and an army of thousands of workers deployed for next year's event in Shanghai. Authorities have set aside an area twice the size of ...
=(Graphic+Picture)=The simple sign announces "South Beach" and calls it "Singapore's New Lifestyle Quarter" but there is little sign of life at the collection of dilapidated military buildings. The abandoned camp was to become a 1.1-billion-US-dollar luxury hotel, office, retail and residential project ...
Asia's markets closed Wednesday to bring down the curtain on a miserable year that saw them lose half their worth in the wake of the global financial meltdown. Despite a number of bourses gaining some ground over the past few days, the ...
End of the go-go days: Realities of recession set in as China's boom loses steamJob cuts, factory closures, unpaid export shipments — stalling worldwide demand for products made-in-China is driving home a new economic reality for businesses that until recently were struggling ...
Asian stocks were mainly lower Thursday on concerns over a US bailout for the finance sector, after President George W. Bush warned the US economy could slip into recession if the plan was rejected. Bush, in a prime-time television address, warned "our ...
