The Shanghai Pilot Free Trade Zone is expanding to include Lingang New Area. It will offer businesses tax cuts, duty exemptions, and other preferential policies. On August 6, 2019, China’s State ... ( read original story ...)
China stocks fall as bank lending disappoints; more easing expected
The Shanghai Composite index closed down 0.6% at ... according to data released by the People’s Bank of China on Monday. ** Analysts expect Beijing to allow more easing to energize growth. ( read original story ...)
Shanghai-based Zendai closes two P2P units worth US$1.4 billion as Beijing intensifies crackdown
Zendai Group, a closely held private investment company in Shanghai, abruptly shut down two peer-to-peer ... was to be liquidated on Tuesday, as its custodian bank was terminating the partnership. The ... ( read original story ...)
China Banking Official: “People’s Bank Digital Currency Can Now Be Said to Be Ready”
People’s Bank digital currency can now be said to be ready.” Shanghai Securities News (SSN) writes that Mu made the announcement at the third “China Financial Forty People Yichun Forum” on August 10th ... ( read original story ...)
China stocks falter as bank lending falls; Hong Kong drags
At the midday break, the Shanghai Composite index was down 0.7% ... according to data released by the People’s Bank of China on Monday. ** The PBOC lowered its official yuan midpoint for the ... ( read original story ...)
CHJ Entrepreneurship and Innovation Competition 2019 Held in Shanghai
SHANGHAI, Aug. 13, 2019 /CNW/ -- The semi-final of CHJ Entrepreneurship ... to comprehensively demonstrate an innovative ecosystem featuring elements such as new technology, new model, new industry ... ( read original story ...)
Shanghai aluminum jumps to 2-1/2-month high on supply worries
SINGAPORE — Shanghai aluminum rallied to its highest in more than two months on Tuesday, as a typhoon in China hit the world’s top aluminum producer and raised concerns about supply disruptions. ( read original story ...)