China's central bank will allow qualified international employees working in China (Shanghai) Pilot Free Trade Zone to open overseas personal free trade accounts, as part of a series of reforms encouraging innovation and cross-border investment. ( read original story ...)
UPDATE 1-China c.bank says will crack down on capital flight in FTZ reform drive
SHANGHAI Nov 23 China's central bank will crack down on capital flight and closely monitor abnormal capital flows as it pushes financial reforms in Shanghai's free trade zone (FTZ), an senior official said on Wednesday. Shanghai will strive to expand net ... ( read original story ...)
Tour of Shanghai extends Chinese road calendar
“We’ve been working on this project for three years,” Max Success founder Shen Jinkang told Cyclingnews in Pudong New Area. “Shanghai being a city of 24 or 25 million people, it hasn’t been easy to negotiate with the different authorities but it ... ( read original story ...)
Wanda Reign on the Bund, Shanghai’s First ‘Seven-Star’ Hotel
Shanghai, China has opened its first luxury seven-star hotel, Wanda Reign on the Bund along the Huangpu River, last June 2016. This opulent hotel is China's answer to the towering and extravagant Dubai hotels. Wanda Reign on the Bund is the 51st hotel of ... ( read original story ...)
Alstom to supply traction systems and TCMS for Shanghai Metro Line 10 in China
Railway Technology News, views and contacts from the global Railway industry Alstom has won a €31m contract to supply traction solutions and train control monitoring systems (TCMS) for 156 metro cars for the second phase of Shanghai Line 10 in China. ( read original story ...)
China stocks largely unchanged, investors prefer banking, property
SHANGHAI Nov 23 China stocks barely moved on Wednesday, consolidating recent gains with lower-valuation targets in banking and properties sectors still preferred by investors. The blue-chip CSI300 index rose 0.2 percent, to 3,474.73 points , while the ... ( read original story ...)
China’s central bank to crack down on capital flight in Shanghai free trade zone reform drive
China’s central bank will crack down on capital flight and closely monitor abnormal capital flows as it pushes financial reforms in Shanghai’s free trade zone (FTZ), an senior official said on Wednesday. Shanghai will strive to expand net money inflows ... ( read original story ...)