10 Top Tourist Attractions in Shanghai

Some visitors pig out on the food – Shanghai’s cuisine is considered one of China’s top four cuisines. Yes, China’s financial capital, located on the Yangtze River Delta, is hustling and bustling but visitors also will find pockets of ancient ... ( read original story ...)

Reports: China orders bitcoin exchanges to shut down

Regulators in Shanghai, the country’s financial centre, gave verbal instructions to exchange operators to shut down, China Business News and 21st Century Economic Report said on their websites. They gave no other details. Bitcoin’s value tumbled 15 per ... ( read original story ...)

Shenzhen lags behind Beijing, Shanghai in top 10 Chinese cities

While Shanghai, Beijing and Shenzhen remain the top three financial centers among Chinese mainland cities, the gap between Shenzhen and the other two is widening, according to the China Financial Center Index released by a Shenzhen-based think tank on Friday. ( read original story ...)

China targets a $3 trillion shadow banking industry

According to two people with direct knowledge of the case, an unknown sum was loaned by China Construction Bank through Shanghai Trust to Cinda Asset Management Company. Cinda then invested the cash. One of the sources said Cinda used the cash to acquire ... ( read original story ...)