[Photo/China Daily] In a ballet dancing classroom at Changning district, Shanghai, 12 students form an unbelievably straight line during their one-hour choreography lesson. Opposite their room is an ukulele classroom, and next to it, an oil painting studio. ( read original story ...)
Alstom to supply traction, static inverter and train control monitoring systems for Shanghai metro line 2
... collaboration with Shanghai Shentong and be part of Shanghai line 2 developments which will increase transport capacity and improve passenger experience. With its proven and reliable technology deployed worldwide, 17 years of presence in Shanghai and ... ( read original story ...)
Rebound Tipped For China Stock Market
(RTTNews.com) - The China stock market on Friday ended the five-day winning streak in which it had advanced almost 60 points or 1.8. The Shanghai Composite Index now rests just above the 3,140-point plateau, although the market may bounce higher again on ... ( read original story ...)
China raises short-term interest rates in fresh tightening sign
It is a clear sign that the central bank has switched to tighten its monetary policy,” said a trader at a Chinese bank in Shanghai. China’s economy has seen a broad-based pickup in recent months, due largely to a strong housing market and higher ... ( read original story ...)
PBOC to skip open market operations – statement
SHANGHAI, Feb 6 (Reuters) - China's central bank said it would skip open market operations on Monday. "The overall liquidity in the banking system is staying at a relatively high level," the People's Bank of China (PBOC) said in a statement on its website. ( read original story ...)
China steel, iron ore slide after central bank tightens policy
China raises short-term rates on first day after long holiday * Shanghai rebar falls 6.8 pct, Dalian iron ore down 5.4 pct By Manolo Serapio Jr MANILA, Feb 3 Chinese steel and iron ore futures tumbled on Friday after the country's central bank unexpectedly ... ( read original story ...)
The week in finance: US banks jump on deregulation, China tightens and RBA to hold
The banking sector drove the S&P 500 up 0.7 per cent to just ... while rebar steel futures in Shanghai were down almost 7 per cent on Friday. The weaker futures market could well drag down Chinese spot-prices, which haven not resumed trading yet, although ... ( read original story ...)