Posts Tagged Shanghai

Uber taxi service faces uphill battle in China

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TAXI-BOOKING SERVICE Uber has faced legal challenges and fierce competition with domestic companies in China since its soft-landing in Shanghai in late 2013. According to a statement made last Wednesday, Uber’s major competitor DiDi Kuaidi – the result of a merger last February between China’s two largest taxi-booking companies – has allegedly raised more than […]

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Shanghai Hong Kong Stock Connect opens

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THE LONG AWAITED link between the Shanghai and Hong Kong stock exchanges started on Monday, 17th November 2014. Whilst the daily limit for investments from Hong Kong to Shanghai is Rmb13bn (US$2.1bn), Shanghai to Hong Kong investments have a limit of Rmb10.5bn. The limit from Hong Kong to Shanghai investments was reached by 13:59 on […]

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Smog starts to lift from north, east China cities

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HEAVY SMOG THAT prevailed around the Yangtse Delta area – including cities such as Shanghai and Hangzhou – and northern cities such as Beijing and Tianjin at the back end of last week has finally started to subside  the week starting Monday, 9 December.  While we experienced the smog and mist first-hand for ourselves in […]

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