BEIJING — China said on Tuesday it will implement a special tax policy in the newly expanded Shanghai Free Trade Zone, in a bid to promote free trade as Beijing's year-long trade dispute with ... ( read original story ...)
Shanghai Will Be The First City With 5G Technology In China
China is all set to commence the rollout of 5G network commercially, and it is being said that in 2020, 5G will be finally available in the market. As per analysts, 5G revenues will be going up to ... ( read original story ...)
Shanghai’s Lingang area to deepen opening-up
Wang Xin, a director of the People's Bank of China, also said during the conference that the new area will be developed within the broader picture of building up Shanghai as a financial center, ... ( read original story ...)
China Says U.S. Currency Manipulator Labelling Could Cause Chaos in Financial Markets
BEIJING/SHANGHAI — China's central bank said on Tuesday that Washington's decision to label Beijing as a currency manipulator would "severely damage international financial order and cause chaos in ... ( read original story ...)
SBI becomes 1st Indian bank to link up with Chinas National Advance Payment System
The State Bank of India's Shanghai branch is now connected to China's National Advance Payment System (CNAPS), becoming the first Indian Bank to operationalise it, a senior bank official said on ... ( read original story ...)
China c.bank says confident of keeping yuan stable
SHANGHAI — China’s central bank is confident and capable of keeping the yuan basically stable at reasonable and balanced levels after it weakened past the key 7 per dollar level on Monday morning. ... ( read original story ...)
China’s central bank to sell yuan bills in Hong Kong
HONG KONG/SHANGHAI (Reuters) - The People’s Bank of China will sell 30 billion yuan ($4.26 billion) of offshore yuan-denominated bills in Hong Kong on August 14, it said on Tuesday. The PBOC is ... ( read original story ...)