What Foreign Residents Need to Know About China’s Mortgage Rate Cut

China’s central bank announced a mortgage rate cut for homebuyers on 29 September 2024. Following this announcement, Chinese banks are expected to lower mortgage rates for existing home loans by October 31. The cut came in an effort to boost the sluggish sales in the Chinese property market. Foreigners who have studied or worked in …

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Parents Overwhelmed by Stress, How Can Employers Help?

“Being a parent is stressful” could be a truth as old as time, but in a report from U.S. Surgeon General Vivek Murthy, alarm bells are ringing on multiple stressors that are making parenting stress skyrocketing and making parents’ well-being a “critical health priority.” In this Pacific Prime article, we explore these alarming trends in …

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Expat’s Guide to Public Transportation in Shanghai

Shanghai, strategically located at the Yangtze River’s mouth, serves as eastern China’s primary transportation nexus. Its status as a global financial powerhouse and key business hub is supported by an extensive and sophisticated infrastructure, particularly its efficient public transit system. The city’s public transportation network is renowned for its affordability and accessibility, making it a …

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Shanghai First to Offer RSV Vaccine for Newborns in China

Roughly a month ago, on the 11th of July, China’s National Medical Products Administration gave regulatory clearance for CSPC Pharmaceutical Group’s respiratory syncytial virus (RSV) vaccine (SYS6016) to conduct clinical trials in China. Do you know the significance of this vaccine for the newborns in China? Wonder how you can avoid paying vaccination expenses out-of-pocket? …

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