Minsheng Bank Fined Record $4 Mln for Wealth Management Fraud

In 2012, Huaxia Bank, a midsize commercial bank, blamed an employee at a Shanghai branch for selling unauthorized wealth management products, causing dozens of depositors to lose millions of yuan. The bank eventually reimbursed customers after initially ... ( read original story ...)

Shanghai nickel tumbles on doubts over steel demand

SYDNEY, Nov 28 (Reuters) - Shanghai nickel futures tumbled more than 2 percent in early trade on Tuesday as reforms in China threaten steel-intensive infrastructure projects. ANZ Bank warned that weakness in the stainless steel sector continues to override ... ( read original story ...)

Shanghai’s schools fly the flag

Teachers from England have been visiting to learn from Shanghai’s success and the World Bank last year published a report titled, “How Shanghai does it: Insights and lessons from the highest-ranking education system in the world.” As teacher Zhang ... ( read original story ...)

AIFC investment opportunities presented in Shanghai

BEIJING-SHANGHAI. KAZINFORM The investment and financial opportunities of the Astana International Financial Centre (AIFC) have been presented on the Shanghai Stock Exchange platform, Kazinform's special correspondent in China reports. The event was ... ( read original story ...)