China Stocks Hit by Beijing’s Financial Clampdown

SHANGHAI—Chinese stocks had their worst week since 2016, with fresh concerns about Beijing’s campaign to cut financial risk and predictions of a slowing economy helping erase half of the market’s year-to-date gains in just a few days. The Shanghai ... ( read original story ...)

The Latest: Police believe Shanghai crash was accidental

Shanghai police say a minivan crash downtown is believed to be an accident and not an attack and say the driver was smoking while transporting gas tanks through the heart of the Chinese financial hub. Eighteen people were sent to hospitals for treatment ... ( read original story ...)

Van strikes people in Shanghai crash police say was an accident

... on a busy sidewalk in downtown Shanghai on Friday morning in what police say they believe was an accident with the driver smoking while transporting gas tanks through the heart of the Chinese financial hub. A total of 18 people were sent to hospitals ... ( read original story ...)

Van strikes people in Shanghai crash police say was accident

The crash was caused by a 40-year old man surnamed Chen who accidentally ignited the gas he was transporting, according to Shanghai police, who appeared to dismiss fear the crash could have been an attack in the heart of the Chinese financial hub. ( read original story ...)

Regulator Steps Up Scrutiny of Property Lending in Shanghai

The banking regulator in China’s financial hub of Shanghai has ordered commercial banks to tighten control of lending for acquisitions in the property sector, as part of the country’s efforts to contain housing market bubbles and financial risks. ( read original story ...)