According to CNBC, the agreement was part of a meeting on Thursday and Friday by the U.S.-China Financial Working Group in Shanghai. Brent Neiman, the deputy under secretary for international finance, ... ( read original story ...)
China, US to Set Up Contact Group for Cases of Financial Stress
China’s central bank said a meeting in Shanghai produced an agreement with the US Treasury to appoint contact people to deal with any future “financial stress events,” a rare example of the world’s ... ( read original story ...)
Soviet aircraft carrier burns near Shanghai
A former Soviet aircraft carrier that became a popular tourist attraction in China caught fire in a lagoon near Shanghai. Footage shows The Minsk, once a jewel of the Soviet Pacific Fleet, engulfed in ... ( read original story ...)
Tech war: Shanghai injects US$1 billion into chip fund as China strives for self-reliance
The Shanghai Semiconductor Industry Investment Fund (SSIIF), run by the municipal government to support the local chip industry, has doubled its size to around US$2 billion after a new funding round, ... ( read original story ...)
China further relaxes foreign investment restrictions, vows to promote services trade
According to the negative list, China will relax restrictions on foreign investment further by completely abolishing entry barriers in the manufacturing sector, while accelerating the opening up of ... ( read original story ...)
China Market Update: Hong Kong Growth Stock Momentum Continues
Asian equity markets were mixed on light news prior to the US Fed’s Jackson Hole meetings as the US dollar fell against Asian currencies and Hong Kong, Thailand, and Malaysia outperformed while Japan ... ( read original story ...)
China’s stock investors cannot gauge sentiment as regulator cuts access to key data
The Shanghai and Shenzhen exchanges will only publish limited information once a day of trading conducted via the northbound link of the Stock Connect scheme. ( read original story ...)