China's central bank unexpectedly conducted a medium-term lending facility (MLF) operation on Thursday and cut the interest rate, following a string of other rate reductions earlier this week. The ... ( read original story ...)
China central bank surprises by lending again at lower rates
SHANGHAI (Reuters) -China's central bank surprised markets for a second time this week by conducting an unscheduled lending operation at steeply lower rates, suggesting authorities are trying to ... ( read original story ...)
China pledges tax reform. That is a big deal for this socialist country.
Senior officials in Beijing say they plan to share more tax revenue with local governments and expand tax revenue sources. ( read original story ...)
Russian Business Faces China Trade Crisis
In August, the Moscow Exchange risks losing its second clearing bank for Chinese yuan in a month, industry insiders warn. ( read original story ...)
Shanghai public hospitals go all out to better serve patients
Shanghai's leading public hospitals are focusing on patient satisfaction as their major task as they push for high-quality development. So far, 20 top public hospitals have set up a patient experience ... ( read original story ...)
Stock Market News Today, 7/23/24 – Indices Rise; Home Sales Fall
EST Stock indices finished today’s trading session in the red. The Nasdaq 100 (NDX), the S&P 500 (SPX), and the Dow Jones ( read original story ...)
Shanghai expects record turnout at world’s biggest import trade fair later this year
The world’s biggest import trade fair to be held in Shanghai in November is expected to see deals top last year’s all-time high of US$78.4 billion, organisers say. ( read original story ...)