Topic: Shanghai
China Bubble Trouble
AP News
China Mobile investing $5.8B in Chinese bank
AP News
China Mobile invests $5.8B for 20 pct stake in Shanghai Pudong Bank to develop mobile bankingChina Mobile Ltd., the world's biggest phone company by subscribers, said Wednesday it was investing $5.8 billion in a Chinese bank as part of a plan to develop mobile phone banking and ...
China World Cup mascot factory defends itself
AFP Global Edition
A Chinese factory ordered to stop producing mascots for the World Cup due to allegations of sweatshop conditions defended itself Wednesday, saying its facilities were among the best in China. Global Brands Group, the master licensee for all FIFA World Cup 2010 merchandise, said Tuesday it had withdrawn manufacturing approval ...
Soaring China home prices thwart ordinary buyers
AP News
Soaring China property prices raise worries over bubble, leave many unable to buy own homesThe luxury apartment buildings Yang Xuhua passes on her way to work are a daily reminder of her own frustrated efforts to buy a home. Prices for even modest apartments in Shanghai have soared, putting home ...
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