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Results tagged “shanghai2020”
Hong Kong fears turning into Boston

Hong Kong fears turning into Boston

Last April, the State Council announced its ambitions to transform Shanghai into an international financial and shipping center by 2020, sparking debate over Hong Kong’s place in the grand scheme of things and bets over which metropolis would reign supreme. Unsurprisingly, the official stance downplayed any rumors of rivalry and emphasized a harmonious, peaceful coexistence between Shanghai and Hong Kong. Also not a shocker was how unassured Hong Kong was by these pats on the head; sibling issues run deep, we say, and now our southern sister is apparently having jitters about turning into that sad city called... Boston. more ›

Quote of the Day: Han Zheng, Mayor of Shanghai

Quote of the Day: Han Zheng, Mayor of Shanghai

"Financiers have the least conscience in the world when it comes to making money... By saying that, I would have offended many bankers and financiers, but this is my personal experience."  

— Han Zheng (韩正), mayor of Shanghai.

    Han Zheng voiced his misgivings about bankers in a recent interview about fulfilling China's mandate on making Shanghai a world financial capital. He went on to add that Shanghai needs to contain the "animal spirits" that led Western banks to take on their oversized credit debt. Source: Bloomberg more ›

What the Shanghai Metro will look like in 2020

What the Shanghai Metro will look like in 2020

According to the folks at UnitedMetro, this is what we can look forward to in 11 years--something even more complicated than New York's underground. Oh well, at least it'll save us the trouble of having to figure out the buses, right? more ›

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