Shanghai hands out cash rewards to residents

Under the system, which has seen 1.05 billion yuan in cash rewards distributed so far, village and community groups are categorized into different star levels based on their performance and adherence ... ( read original story ...)

China central bank holds medium-term rate

SHANGHAI: China’s central bank left the medium-term policy rate unchanged yesterday, defying market expectations as signs of a weaker currency continued to limit the scope of monetary easing. A slew ... ( read original story ...)