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The Latest Breaking News from Shanghai

Yang Bing-Yi, patriarch of Taiwan's soup dumpling empire, has died

The cofounder of Taiwan's famed Din Tai Fung restaurant chain died at 96, his company announced March 26. He helped turn delicate soup dumplings into a global phenomenon, even earning Michelin stars.

WEKU

Binance hid extensive links to China for several years

Company documents show crypto exchange relied on country long after it said it had left in 2017

Financial Times

Shanghai's population drops in 2022 after COVID lockdowns

China's commercial capital Shanghai saw its population fall in 2022 in the first decline in five years, official data showed, after authorities imposed draconian COVID-19 lockdowns and more than 250,000 migrant workers departed.

Reuters

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Shanghai Composite Index Fell 0.19% on Tuesday

Shenzhen Component Index closed down 0.72%

Caixin Global

Taiwan ex-president Ma arrives in China 'to improve cross-strait atmosphere'

Shanghai (AFP) - Taiwan ex-president Ma Ying-jeou arrived in China on Monday on the first cross-strait visit by a current or former leader of the island in more than seven decades, a trip Taipei's ruling party called "regrettable".

AFP

Former Brazilian Leader Elected President of Multilateral Bank NDB

Dilma Rousseff will helm the Shanghai-headquartered New Development Bank, which was set up to finance projects in emerging markets and developing countries

Caixin Global

Shanghai’s MMR Studio is inspired by industrial processes and materials

Chinese designer Zhang Zhongyu of MMR Studio is inspired by industrial processes to create furniture and objects

Wallpaper

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Los Angeles tops Shanghai as one of the biggest financial centers in the world

Two new U.S. cities break into the world’s largest.

Fortune

Ignoring experts, China's sudden zero-COVID exit cost lives

Health experts proposed detailed plans for a gradual end to anti-virus controls, but the Chinese government rebuffed them and dropped restrictions in December with no preparations to cope with the chaotic aftermath, The Associated Press has found

The Independent UK

Spring Airlines sees recovery in flights

Flights between Thailand and China on Spring Airlines have recovered to 50% of pre-pandemic levels and are expected to resume normal frequencies this year, aided by high demand and a forecast of 5% Chinese GDP growth.

Bangkok Post

Eamon Ryan asked if he 'was an 80's movie star' after sharing throwback pic from China trip

The Dublin TD spent this St Patrick's weekend in China and visited Shanghai, Beijing and Hong Kong

Dublin Live

Huawei has replaced thousands of US-banned parts with Chinese versions: founder

Beijing (AFP) - Chinese technology giant Huawei has replaced thousands of product components banned by the United States with homegrown versions, its founder has said, according to a transcript of a recent speech released by a Shanghai university.

AFP

Shanghai Composite Index Rose 0.55% on Wednesday

Shenzhen Component Index finished nearly flat

Caixin Global

Shanghai Composite Index Fell 0.72% on Tuesday

Shenzhen Component Index closed down 0.77%

Caixin Global

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WEKU

Xi Jinping's show: Who's who in China's new government

China has put the finishing touches on a sweeping leadership reshuffle that has been years in the making and puts trusted allies of leader Xi Jinping in key spots throughout the administration.

Caixin Global

Shanghai Composite Index Rose 1.2% on Monday

Shenzhen Component Index closed up 0.55%

The Independent UK

Elon Musk calls Steve Bannon ‘evil’ as ex-Trump aide denounces him as ‘owned by the Chinese communist party’

Bannon claimed Musk’s Shanghai ventures were ‘one hundred per cent controlled’ by Beijing

Caixin Global

Xi Appoints Li Qiang as China’s Premier, Succeeding Li Keqiang

In the new role, the 63-year-old former Shanghai party secretary will lead the State Council, whose responsibilities include managing the country’s economic development

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The Independent UK

Loyal and experienced, China's other top leaders take posts

With Chinese leader Xi Jinping receiving a norms-breaking third five-year term as president, the other six men who serve with him on the ruling Communist Party’s all-powerful Politburo Standing Committee are taking up their new portfolios

The Independent UK

Will China's next premier be a moderating influence on Xi?

The pro-business track record of the man poised to become China’s top economic official will make his term a test of whether he might moderate President Xi Jinping’s tendency to intervene

Caixin Global

Shanghai Composite Index Fell 0.06% on Wednesday

Shenzhen Component Index closed down 0.09%

Investors Business Daily

Tesla Stock Slips As China EV Registrations Rise Again; Tesla Exports 54% From China

Tesla has paused after a huge run to start the year. But its China EV registrations increased for a second straight week.

Caixin Global

Shanghai Composite Index Fell 1.11% on Tuesday

Shenzhen Component Index closed down 1.98%

ABC News

Perth Mint sold diluted gold to China, got caught, and tried to cover it up

In a bid to save money, the world's largest processor of newly mined gold started "doping" its bullion. Then its customers started asking questions.

Caixin Global

Shanghai Composite Index Rose 0.54% on Friday

Shenzhen Component Index finished nearly flat

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