Beijing has strengthened curbs over capital outflows after China’s leadership vowed to curb risk in its financial system. Reporting by Matthew Miller and Judy Hua in BEIJING, Engen Tham and John Ruwitch in SHANGHAI, and Jennifer Hughes, Sumeet Chatterjee ... ( read original story ...)
Anbang seizure shows China’s resolve for financial stability
BEIJING/SHANGHAI -- China's de-facto takeover of Anbang Insurance Group shows the government will take any steps necessary to stave off shocks to the financial system, suggesting even tougher times await financial conglomerates with massive overseas ... ( read original story ...)
Major reason for imbalances in world is financial bubbles: Chinese Economist Andy Xie
Andy Xie is a Shanghai-based independent economist specialising in China and Asia, and writes, speaks and consults on global economics and financial markets. According to Xie, the key for all developing economies in East Asia is to trade among themselves ... ( read original story ...)
What’s On, Feb 25: Sunday brunch, mural exhibition, and sailing lessons
The Westin Bund Center Shanghai continues to take its Sunday brunch to a new level, with two floors of food extravaganza (with weekly brunch themes throughout the year), free-flowing Veuve Clicquot champagne, a wine buffet, a ‘make-your-own’ cocktail ... ( read original story ...)
Upper riverside 3 br apt lujiazui line4@tangqiao
Under the financial strategy of the great powers, Lujiazui, Shanghai, is undoubtedly the most striking financial spectacle at the turn of the century. A short period of twenty years, from a backwater rapid rise, construction of Shanghai international ... ( read original story ...)
China securities regulator proposes to delay IPO reform
China announced plans in 2015 to shift to a U.S.-style registration system for stock market flotations on the Shanghai and Shenzhen exchanges. The State Council is awaiting approval from the National People’s Congress, or parliament, on the IPO reform ... ( read original story ...)
Regulator in China seizes control of Anbang as chairman prosecuted
BEIJING/SHANGHAI (Reuters) - The Chinese government on Friday seized control of Anbang Insurance Group Co Ltd, one of China’s biggest insurance conglomerates, in a dramatic move that underscores Beijing’s intent to crackdown on financial risk. ( read original story ...)