City Shanghai Financial News
21.06 / 03:29
Reuters
security
track
information
reports
Department
Arsenal
US and China hold first informal nuclear talks in 5 years, eyeing Taiwan
United States and China resumed semi-official nuclear arms talks in March for the first time in five years, with Beijing's representatives telling U.S. counterparts that they would not resort to atomic threats over Taiwan, according to two American delegates who attended. The Chinese representatives offered reassurances after their U.S. interlocutors raised concerns that China might use, or threaten to use, nuclear weapons if it faced defeat in a conflict over Taiwan. Beijing views the democratically governed island as its territory, a claim rejected by the government in Taipei. «They told the U.S. side that they were absolutely convinced that they are able to prevail in a conventional fight over Taiwan without using nuclear weapons,» said scholar David Santoro, the U.S. organiser of the Track Two talks, the details of which are being reported by Reuters for the first time.
20.06 / 10:57
19.06 / 11:17
markets
UPS
security
Research
innovations
stars
China to step up supervision of Nasdaq-style Star Market
China’s securities regulator plans to step up oversight on companies listed on the Star Market, the country’s Nasdaq-style tech board, as part of reform measures to contain market volatility. The China Securities Regulatory Commission said Wednesday that it will enhance oversight on all companies listed on the Shanghai Science and Technology Board, or the Star Market, under the Shanghai Stock Exchange. The regulator said it will prioritize supporting companies with innovative and cutting-edge technologies in listing on the board.
19.06 / 11:09
18.06 / 08:29
17.06 / 11:37
markets
Citi
Manufacturing
economy
Align
show
reports
China keeps lending rate unchanged as data show housing market is still struggling
China has kept a key lending rate unchanged despite signs of continued weakness in the second-largest economy's manufacturing and the property sectors
17.06 / 11:37
16.06 / 13:41
14.06 / 07:41
12.06 / 09:31
10.06 / 09:05
CBDC
Banks
HSBC China Rolls Out e-CNY Services for Corporates, Signalling Foreign Banks’ Dive into Digital Yuan
HSBC China is now offering e-CNY services to its corporate clientele. The development marks it as the first foreign bank within the nation to extend services associated with the central bank’s digital currency to both retail and corporate sectors.
08.06 / 03:17
Reuters
Manufacturing
Software
Tesla
Election
reports
Elon Musk congratulates Narendra Modi on Lok Sabha election win: ‘Looking forward to…’
Elon Musk has congratulated caretaker Indian Prime Minister Narendra Modi for his party and alliance winning the 2024 Lok Sabha Elections in India,“Congratulations Narendra Modi on your victory in the world’s largest democratic elections!" Musk, the chief of Tesla and SpaceX, and owner of social media site X (formerly known as Twitter) wrote.He added that he looks forward to doing “exciting work" in the country, stating: “Looking forward to my companies doing exciting work in India."Track | Lok Sabha Election Results 2024 LIVE Updates hereAlso Read | Elon Musk puts off India visit to ‘later’, Internet says, ‘No rush! We’ll hold off on chai-samosa plans’Earlier in April this year, Musk had delayed his much anticipated visit to India due to “very heavy Tesla obligations". In an April 20 post on X, the billionaire wrote: “Unfortunately, very heavy Tesla obligations require that the visit to India be delayed, but I do very much look forward to visiting later this year."At the time it was speculated that Musk was likely to announce nearly ₹3 billion worth of investment in the Indian market, primarily earmarked for the establishment of a new Tesla manufacturing facility in the country.Also Read | ‘Biggest loser’: US entrepreneur slams Elon Musk’s choice of China over India for Tesla manufacturing unitThe next week however, Musk was in China on April 28, Reuters reported.
07.06 / 11:42
markets
UPS
economy
Trade
show
reports
Asian stocks
Stock market today: Asian stocks are mixed ahead of key U.S. jobs data
Asian stocks are mixed after a steady Thursday on Wall Street as markets anticipate the key U.S. jobs data that will be revealed later in the day
07.06 / 11:41
07.06 / 09:39
MET
Manufacturing
Election
President
track
gatherings
Schools
Chinese robot developers hope for road out of 'uncanny valley'
Humanoid Robot Developer Conference watched in fascinated unease.
05.06 / 02:05
04.06 / 06:23
Provident
Platform
security
TikTok
Photos
information
reports
Shop on the Temu app? Why class-action lawsuits have been proposed over privacy
Temu, a popular marketplace where consumers can buy direct from factories overseas at cheap prices, is drawing concerns from lawyers and privacy experts who allege the shopping app can be “invasive” for unwitting users.
03.06 / 12:11
03.06 / 01:17
Citi
Waters
Landmark
show
cover
Videos
cricket
Viral video shows window cleaners ‘stranded’ on China's Beijing tower amidst heavy storm | Watch
Viral video: Women helps thirsty dog drink water at Thrissur railway station | WatchNewspaper Shanghai Daily posted on X: “High-altitude maintenance workers were seen swaying in the strong winds outside the CCTV Headquarters in Beijing's Central Business District on Thursday. Hoping for their safety."Watch the video here:As an iconic landmark in Beijing, the CCTV Tower rises to 234 meters and covers an expansive area of 473,000 square meters.Also Read: Viral Video: ‘Eventful dot ball’ from children's cricket match leaves internet in splits | WatchAt the same time, the National Weather Service issued numerous alerts as thunderstorms and powerful winds battered the capital.
30.05 / 12:21
28.05 / 16:49
Digital
Citizens
Experts
Diversity
social
rights
China's 'One Person, One File': Road to digital totalitarianism
One Person, One File" (OPOF) mass surveillance program represents an escalation of China's efforts to create a ruthless digital censorship. Under this prospective system, Shanghai aims to triple its deployment of facial recognition cameras, compiling exhaustive personal data files on every single resident, China experts told ET. It encapsulates the Chinese Communist Party's remorseless efforts to strangle human freedom through Orwellian levels of technology-enabled social control. OPOF is more than just another Benthamite panopticon surveilling the watch. It is an attempt to construct an omniscient digital surrogate for every Chinese citizen — an individualized file encoding each person's relationships, activities, behaviors and very existence into ones and zeroes for the Party's domineering oversight, according to China experts
breaking news about city Shanghai
What is the current situation in city Shanghai?
In city Shanghai, the spotlight is on local government initiatives that affect the region’s daily life.
Where can I find reliable news about city Shanghai?
We publish in-depth coverage about the situation in city Shanghai, based on information from official representatives.
What shapes the media agenda in city Shanghai?
The news landscape of city Shanghai is shaped by the region’s internal dynamics, reflecting its specific characteristics.