Shanghai to control population, land use

SHANGHAI, Dec. 25 (Xinhua ... The city will utilize land economically, strictly control new construction land and reasonably exploit underground space. It should increase efficiency of land use while protecting farmland. The directive also requires ... ( read original story ...)

China stocks down as bank liquidity tightens

SHANGHAI: China stocks fell on Wednesday in thin trade and as liquidity in the banking system tightened. The Shanghai Interbank Offered Rate (SHIBOR), seen as the benchmark interbank rate, has been climbing higher. Three-month SHIBOR hit 4.8559 per cent on ... ( read original story ...)

ANZ completes sale of stake in Shanghai bank

ANZ Bank has agreed to sell its 20% holding in Shanghai Rural Commercial Bank for AUD1.84bn (USD1.41bn). Chinese shipping giant COSCO and Shanghai Sino-Poland Enterprise are taking 10% each. In a statement, ANZ Bank said the move is part of efforts to ... ( read original story ...)

Shanghai Customs House: one of the symbols of the Bund

Photo taken on Dec. 21, 2017 shows the movement room of the bell of Shanghai Customs House at the Bund in east China's Shanghai. Built in 1927, Shanghai Customs House is considered as one of the symbols of the Bund. (Xinhua/Ren Long) ( read original story ...)