Shanghai

An electronic board shows stock indexes at the Lujiazui financial district in Shanghai, China, 21 March 2023. (Aly Song/Reuters)

Why Shanghai's still a wonderland for international investors

Chinese academic Chen Bo explains Shanghai’s continued allure for international investors, despite the economic impact of last year’s pandemic restrictions and lockdowns.
The eight "aquatic immortals". (Photo taken by Jin and provided by Chiang Hsun)

Heavenly dishes in a little Shanghai restaurant

Chiang Hsun ruminates on a myriad of ingredients, marvelling most at the eight vegetable ‘aquatic immortals’ in Chinese cuisine, which showcase the pure and delicious flavours of the season. Best of all, he enjoyed the heavenly dishes during autumn, in a little Shanghai restaurant that feels like home.
People cross a street near office towers in the Lujiazui financial district, ahead of the National People's Congress, in Shanghai, China, 28 February 2023. (Aly Song/Reuters)

Shanghai's new leader Chen Jining's all-out effort to boost economy: Will it work?

After three years of stringent Covid-19 measures, Shanghai is on its road to economic recovery. While the impact of the pandemic was severe, Shanghai officials are making efforts to bring back and reassure foreign enterprises of a conducive business environment. Zaobao correspondent Chen Jing looks at the steps taken by the officials and how effective they are.
This file photo taken on 15 October 2022 shows a man walking past portraits of (left to right) late Chinese chairman Mao Zedong and former Chinese leaders Deng Xiaoping, Jiang Zemin, Hu Jintao and current president Xi Jinping at Yan’an Revolutionary Memorial Hall in Yan'an city, Shaanxi province, China. (Jade Gao/AFP)

Did Jiang Zemin pave the way for greater centralised rule in China?

Taiwanese academic Wen-Hsuan Tsai notes that while the late former Chinese President Jiang Zemin had pushed forward economic development during his tenure, he had neglected political reform, and in so doing, possibly paved the way for ever greater centralised rule in China.
Office towers in the Lujiazui financial district of Shanghai, China, 17 October 2022. (Reuters/Aly Song)

[Sponsored] Why this could be the right time to invest in China and the UOBAM Ping An ChiNext ETF

UOB Asset Management (UOBAM)’s Ping An ChiNext Exchange-Traded Fund (ETF) offers investors in Singapore access to long-term opportunities in the Chinese market. The recently launched ETF invests in a wide range of fast-growing and innovative companies across multiple sectors, helping investors build a portfolio that could benefit from the structural tailwinds ahead. UOBAM explains why this is the right time to invest in China and the UOBAM Ping An ChiNext ETF.
People cross a street on The Bund in Shanghai, China, on 12 October 2022. (Hector Retamal/AFP)

China’s rich are getting richer

In 2021, more Chinese families became either rich or richer, with Guangdong overtaking Beijing as the region with the most high-net-worth families in the country. These high-net-worth households largely made up of entrepreneurs, real estate investors and professional financial investors, are expected to transfer an estimated 18 trillion RMB of wealth to the next generation over the next decade.
A health worker takes a swab sample from a man to test for the Covid-19 coronavirus in the Huangpu district in Shanghai on 24 October 2022. (Hector Retamal/AFP)

No end to China’s zero-Covid in the short term

China’s stock markets rose following an unverified tweet on 1 November claiming China might ease its zero-Covid policy. However, signals from state media and various local governments suggest otherwise and the market rally has died down as well. Zaobao correspondent Edwin Ong examines the clues and analyses what might happen next.
Students from the School of Public Health listen as they graduate during Harvard University's 371st Commencement Exercises in Cambridge, Massachusetts, US, 26 May 2022. (Brian Snyder/File Photo/Reuters)

Covid curveballs making Chinese students' road overseas even longer

Amid the difficult environment of unceasing Covid-19 restrictions, geopolitical tensions and grim economic and employment outlook, Chinese students are caught between a rock and a hard place when it comes to their higher education. College and visa applications, taking online classes and returning to China to seek employment are proving to be one hurdle after another for the new generation. How will they cope?
People walk along a pedestrian street surrounded by shops and shopping malls in Shanghai on 24 October 2022. (Hector Retamal/AFP)

Little certainty: A ‘new era’ for China’s economy

Zaobao correspondent Chen Jing notes that market confidence is still shaken after the 20th Party Congress, and there is little clarity on how the new team will realise China’s hopes of achieving high-quality development while zero-Covid measures remain in place.