China’s central bank says will skip open market operations

SHANGHAI (Reuters) - China’s central bank said it will skip open market operations on Wednesday as liquidity levels in the banking system were “relatively high”. On a net basis, the People’s Bank of China (PBOC) will neither inject nor drain any ... ( read original story ...)

Thursday Doors: The Bund, Shanghai

This week for Thursday Doors, am continuing my series of door posts from my trip to Asia last summer. Last time I posted pictures of our tour of Xintiandi, a hip shopping tourist district in Shanghai. The Bund, on the Western Bank of Huangpu River, is the ... ( read original story ...)

Shanghai makes residency easier for foreign experts

Nobel Prize laureate Kurt Wuethrich of Switzerland receives a permanent residence card along with five others in Shanghai on Monday. [Photo/China News Service] Shanghai streamlined the procedures on Monday for highly skilled foreigners working in the ... ( read original story ...)