Cultural consumption on the rise in Shanghai

[Photo/China Daily] In a ballet dancing classroom at Changning district, Shanghai, 12 students form an unbelievably straight line during their one-hour choreography lesson. Opposite their room is an ukulele classroom, and next to it, an oil painting studio. ( read original story ...)

Rebound Tipped For China Stock Market

(RTTNews.com) - The China stock market on Friday ended the five-day winning streak in which it had advanced almost 60 points or 1.8. The Shanghai Composite Index now rests just above the 3,140-point plateau, although the market may bounce higher again on ... ( read original story ...)

China raises short-term interest rates in fresh tightening sign

It is a clear sign that the central bank has switched to tighten its monetary policy,” said a trader at a Chinese bank in Shanghai. China’s economy has seen a broad-based pickup in recent months, due largely to a strong housing market and higher ... ( read original story ...)

PBOC to skip open market operations – statement

SHANGHAI, Feb 6 (Reuters) - China's central bank said it would skip open market operations on Monday. "The overall liquidity in the banking system is staying at a relatively high level," the People's Bank of China (PBOC) said in a statement on its website. ( read original story ...)