Category: FINANCE

SHANGHAI, Feb. 25 (Xinhua) -- Foreign-funded banks based in Shanghai last year recorded the lowest bad loan rate in five years, according to the local banking regulator. By the end of last year, the bad loan rate of these banks was 0.34 percent ... ( read original story ...)

Research by Knight Frank demonstrates that the domestic financial and business services sector in Dubai grew 55.6% in the last decade with only Shanghai (114.3%) outperforming the city. Over this time period Dubai has also seen itself become a recognised ... ( read original story ...)

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 ...)

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 ...)

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 ...)

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 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 ...)