The Latest Breaking News from Shanghai

One worker said they were “shocked and disappointed” after staff bonuses were reportedly cut following a fatal workplace accident.

Shanghai (AFP) - Two teams were disqualified from the ongoing Chinese Basketball Association season on Monday after suspicions of match-fixing, with Yao Ming bemoaning a "sorrowful weekend". 

Shanghai (AFP) - The WTA's decision this week to return to China, despite unresolved questions around the safety of player Peng Shuai, betrays the financial and strategic importance of the country to the tennis organisation, analysts and former players say.

The two countries have recently announced a deal to trade in their own currencies, dropping the dollar as an intermediary.

Shanghai (AFP) - Brazilian President Luiz Inacio Lula da Silva criticised the outsize role of the US dollar in the world economy and lashed out at the IMF on Thursday during an official visit to China.

Brazilian President Luiz Inacio Lula da Silva has praised the Shanghai-based New Development Bank (NDB) on his trip to China, saying it "frees emerging countries from submission to traditional financial institutions". The NDB was created by the BRICS group and is headed by his predecessor Dilma Rousseff. Meanwhile in Washington,…

Shanghai (AFP) - President Luiz Inacio Lula da Silva promised Thursday that "Brazil is back!" during a state visit to China aimed at strengthening trade ties and winning support for his push for peace in Ukraine.

Shanghai (AFP) - Brazilian President Luiz Inacio Lula da Silva on Thursday began a China tour aimed at deepening ties with the world's second-largest economy by attending the swearing-in of a political ally as head of a major multilateral development bank.

Brazilian President Luiz Inácio Lula da Silva is in the Chinese financial hub of Shanghai as he looks to boost ties with his country's biggest trade partner