Insurance giant AIA Group Ltd. is in talks to purchase an office at a prime location in Shanghai as it expands business in China, according to people familiar with the matter. The Hong Kong-based insurer is considering buying SIIC Center, …
China laid out more specific plans to turn Shanghai into a global financial center by 2020, listing a series of targets for the next three years to make the city a hub for yuan trading. The plan for Shanghai’s financial …
Two subway trains collided in Shanghai on Tuesday injuring more than 270 passengers, 20 critically, prompting public anger two months after a crash between two high-speed trains and renewing concerns about China’s aggressive rail building plans. The collision occurred in …
