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Shanghai Daily,上海日报
Latest news:


Asset swap to make drug firms stronger

Sanofi and Germany’s Boehringer Ingelheim yesterday said they have agreed to a 22.8-billion-euro (US$25.1 billion) asset swap that would strengthen Boehringer Ingelheim's animal-health business while ...

June 28, 2016, Tuesday

China committed to manufacturing upgrade: premier

China is committed to transforming its manufacturing sector by leveraging the latest technology to meet diverse demands, Chinese Premier Li Keqiang said on Tuesday. "Manufacturing is the foundation of ...

June 28, 2016, Tuesday

Steel firm and creditors see no love lost in public battle

TROUBLED Dongbei Special Steel Group Co and its creditors continued with their battle publicly as investors pushed for the firm’s bankruptcy and objected to a potential debt-to-equity swap that could ...

July 27, 2016, Wednesday

Probe urged on cheap iron ore imports

CHINESE mining firms are calling for an anti-dumping probe into iron ore imported from Australia and Brazil, an industry association said yesterday. An application for an investigation will be filed ...

July 27, 2016, Wednesday

Manufacturing powers steady gain in industrial development

MANUFACTURING is driving the steady growth in China’s industrial development, and the government vows it will further upgrade industrial structure by boosting advanced manufacturing, the Ministry of Industry ...

July 26, 2016, Tuesday

Cathode copper trading gets ready

SHANGHAI Clearing House yesterday launched the central counterparty clearing for cathode copper swap trading.  The first batch of 3,340 contracts was cleared during the day, involving 16,700 tons of ...

July 19, 2016, Tuesday

Shanghai’s steps benefit industries

SHANGHAI government’s efforts to upgrade and restructure industries have powered the city’s manufacturing sector to lead in profitability and sales nationwide. Its manufacturers enjoyed a profit margin ...

July 15, 2016, Friday

Capacity cuts help steel, coal firms

FINANCIAL conditions of steel and coal firms have improved thanks to government-led capacity reduction measures, an official said yesterday. Crude steel production fell 1.4 percent year on year in the ...

July 15, 2016, Friday

Midea raises stake

APPLIANCE giant Midea has secured more than 70 percent in German industrial robotics maker Kuka. Midea’s latest offer has been accepted by holders of 56.7 percent of Kuka’s shares. Adding the 13.5 percent ...

July 15, 2016, Friday

Midea wins nearly 60% of Kuka

APPLIANCE giant Midea has secured majority control of nearly 60 percent in German industrial robotics maker Kuka, the Shenzhen-listed company said yesterday in a statement. Midea’s offer has been accepted ...

July 13, 2016, Wednesday


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