Every day Li Yizhong translates and puts into brief perspective the headlines of the Shanghai Morning Post's daily newspaper, Shanghai's largest morning newspaper
Top Story
In the ninth meeting of the Shanghai municipal officials, keeping Shanghai’s leading economic position and support the country economic growth became the new target set by Yu Zhengsheng – the party secretary. Usually, my brain feels very tired when I try to description news of any government meeting, because it really is just a bunch of blah, blah, blah.
Other Headlines Today
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Did you know rumors can be used to stimulate the market as well? As the rumor of an increase in leasing taxes spread, buyers have finally found the motive to close the deal and fast. Analysts can expect one of the highest numbers of closing in June and July. Didn’t know fear is such a good motivator. Fear to lose money doubles the effect.
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As if you didn’t know, the sun will disappear for 5 minutes right above the sky of Shanghai for 5 minutes next Wednesday. If you missed it this time, you will have to wait 26 years to watch in Beijing. Yes, the amount total amount of time that you have to wait is what makes this event so enticing. Image if this happen very 5 minutes, would you care?
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