Shanghai
City
Reports on consumer confidence, GDP tug at stocks...companies fell 5.41, or 0.9 percent, to 589.40. Overseas, China s Shanghai index fell 3.5 percent, its biggest decline in three months, while Japan s Nikkei stock average fell 1 percent. In afternoon trading, Britain s FTSE 100 rose 0.3... In this article: Commodity, Dow, Conference Board, Russell 2000, New York Mercantile Exchange, Nasdaq composite index, New York Stock Exchange, and Shanghai |
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USATODAY.com | November 17, 2009
No breakthroughs made, but China keeps Obama busy
..."the increasing dependence of the USA on China," Shi said. China stymied U.S. efforts for nationwide coverage of Obama's town-hall-style meeting in Shanghai on Monday. "China made fewer concessions on this than to (Presidents) Clinton...
In this article: China, Hu Jintao, United States, USA Today, Beijing, and Hillary Rodham Clinton
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CNN | November 12, 2009
Economy to top Obama agenda in Asia
...include China, Russia and South Korea. After Japan, Obama will fly to the Asia-Pacific Economic Cooperation (APEC) summit in Singapore before traveling to China for stops in Shanghai and Beijing. The forum of 21 nations, comprising more...
In this article: Barack Obama, Asia, United States, Japan, Asia-Pacific Economic Cooperation, China, North Korea, Hu Jintao, Tokyo, and Singapore
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TIME | November 13, 2009
China Approves Shanghai Disneyland Ahead of Obama Trip
China Approves Shanghai Disneyland Ahead of Obama Trip Disneyland in Shanghai: A Second Try in China By Ling Woo Liu / Hong Kong Wednesday, Nov. 04, 2009 A customer looks at products at the Disney flagship store in Shanghai on Nov. 4,...
In this article: Disney, China, Disneyland, Barack Obama, Hong Kong, Revenue, Asia, and Ocean Park
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AP Online | November 18, 2009
China Commercial Aircraft plans plant in Shanghai
...in Shanghai SHANGHAI (AP) - Commercial Aircraft Corp. of China plans to build an assembly line for its homegrown C919 jetliners in Shanghai, the latest step in the country's ambitions to become a leader in world aviation. The company...
In this article: China Commercial Aircraft, China, General Electric, and Civil Aviation Administration
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washingtonpost.com | 3 days ago
Stock futures little changed ahead of open
...rose to 0.06 percent from 0.03 percent. Overseas, China's Shanghai index fell 3.5 percent, its biggest decline in three months, while Japan's Nikkei stock average fell 1 percent. Britain's FTSE 100 rose 0.2 percent, Germany's DAX...
In this article: China, Recession, Conference Board, National Association of Realtors, Thomson Reuters, Dow Jones Industrial Average, Standard & Poor's 500, and Nasdaq
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washingtonpost.com | 3 days ago
Banks weigh on world markets after China warning
...banks need to control their lending. As a result, China's Shanghai index tumbled 115.14 points, or 3.5 percent, to 3,223.53 - its biggest retreat in three months - as investors fretted over the warning. The index had been up 11.4 percent so...
In this article: China, Europe, Asia, Bank of China, Commerzbank AG, S&P/ASX 200, Standard & Poor's 500, and Nikkei 225
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San Diego Union-Tribune | 7 days ago
China raises nonresidential electricity rates
...12:26 a.m. SHANGHAI China raised electricity rates for businesses and industries Friday, part of a long-term effort to adjust prices to reflect costs and promote energy saving as the country struggles to meet soaring demand. The 5.7...
In this article: China, U.S., Coal, Natural gas, Inflation, and Japan
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Description from Wikipedia:
Shanghai () is the largest city in China, and one of the largest metropolitan areas in the world, with over 20 million people. Located on China's central eastern coast at the mouth of the Yangtze River, the city is administered as a municipality of the People's Republic of China with province-level status.
Originally a fishing and textiles town, Shanghai grew to importance in the 19th century due to its favourable port location and as one of the cities opened to foreign trade by the 1842 Treaty of Nanking. The city flourished as a center of commerce between east and west, and became a multinational hub of finance and business by the 1930s. However, Shanghai's prosperity was interrupted after the 1949 Communist takeover and the subsequent cessation of foreign investment. Economic reforms in 1990 resulted in intense development and financing in Shanghai, and in 2005 Shanghai became the world's largest cargo port.
The city is a tourist destination renowned for its historical landmarks such as the Bund and City God Temple, its modern and ever-expanding Pudong skyline including the Oriental Pearl Tower, and its new reputation as a cosmopolitan center of culture and design.
Today, Shanghai is the largest center of commerce and finance in mainland China, and has been described as the "showpiece" of the world's fastest-growing major economy.
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