- James T. Arredy of the Wall Street Journal writes that Morgan Stanley’s latest moves to sell luxury apartment projects Jinlin Tiandi and Pinnacle Century Park serviced apartments in Pudong have raised question marks as people wonder if Shanghai’s real estate market has reached its peak.
- Hannah Beech of Time Magazine writes that the spotlight is back on Shanghai now that the Olympics are over. The 2010 World Expo, she says, will be Shanghai’s chance to “throw a lavish party to end all parties”.
- While the ongoing Sanlu milk saga has raised fresh questions on China’s food safety problem, Shanghai’s Food and Drug Administration has announced that residents here “will be able to trace the farms where their eggs came from and what the chickens were fed” starting from next year.
- The recent chemical leak which put two women in hospital has led authorities to suspend production at the Shanghai Pesticide Factory in Pudong.
Photo from Chad Ingraham: Has the Shanghai real estate market reached its peak?