SHANGHAI--(BUSINESS WIRE)--Aug 16, 2018--Archer Daniels Midland Company (NYSE: ADM) today celebrated the opening of its new regional office and state-of-the-art flavor and ingredient creation, applica... ( read original story ...)
ADM opens R&D facility in Shanghai to boost growth in Asia
According to ADM, the Shanghai Technology Innovation Center has a wide range of facilities including food and flavour analysis laboratories; beverage and dairy application laboratories; baking and con... ( read original story ...)
Exclusive: China central bank bars some offshore lending in latest move to support yuan
The restrictions, announced by the Shanghai branch of the People’s Bank of China (PBOC) on Thursday morning, have closed off channels used to deposit and lend yuan offshore through the trade zones as ... ( read original story ...)
China’s economy more secure with abating financial risks
Nanjing Iron and Steel Co exemplifies China's efforts to rein in its financial risks. After winning another order to supply around 1,900 tons of steel to the Persian Gulf country, the Shanghai-listed ... ( read original story ...)
Chinese Activists Set up Party That Wants Independence For Shanghai
The founders of the Shanghai National Party, many of whom live in New York state, say they want to campaign for "independence and autonomy" for the city, which currently takes its orders direct from c... ( read original story ...)
Exclusive: China central bank bans some offshore yuan deposits and lending via FTZ scheme – sources
SHANGHAI (Reuters) - China’s central bank has restricted commercial banks from using some interbank accounts to deposit or lend yuan offshore through free trade zone schemes, two sources with direct k... ( read original story ...)
Skadden, Latham Steer Tencent-Backed Electric Car Maker’s $1.8 Billion IPO
Shanghai-based NIO is backed by Chinese internet giant Tencent Holdings Ltd. and Chinese private equity firm Hillhouse Capital Group. The four-year-old company plans to use $650 million in the proceed... ( read original story ...)