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Shanghai-based foreign banks report record low bad loan rate
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 ...)
Growing pains: China’s property cooling measures will stabilise economy for long-term growth
Professor Chen Jie, director of the Institute of Real Estate Research at Shanghai University of Finance and Economics, estimates that investment in the real estate sector accounts for about 10 per cent of China’s GDP. His research suggests that a 1 per ... ( read original story ...)
Dubai financial services growth second only to Shanghai
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 ...)
Led Lighting
Led lighting for sale. Good condition. 400RMB (1 set) for the 8 bulb lighting for each set in the living room 350 RMB (1 set)for the 6 bulb lighting for each set in the living room 250 RMB (3 sets) for each set of 3 lights 100 RMB (4 individual) for each ... ( read ...
China seizes control of Anbang Insurance as chairman prosecuted
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 ...)
Anbang seizure shows China’s resolve for financial stability
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 ...)