Shanghai Data Exchange opens for business in digital trade push

The Shanghai Data Exchange opened for business on Thursday, marking China’s latest attempt to build a vast market for data – dubbed the new oil of the digital economy – which can be sorted, priced and traded like regular commodities.The new exchange, which started trading on Thursday, initially offered 20 data products, including flight information from China Eastern Airlines, and various data from telecommunications network operators China Mobile, China Unicom and China Telecom.One of the…