Shanghai officials have Singapore in their sights as China’s financial capital seeks more foreign investments amid a broader economic slowdown in the country, and as the city’s own economy ... ( read original story ...)
The Chinese are piling into gold as stocks falter and the property market crumbles
The rush to the safe haven asset indicates uncertainty around China's financial health as stocks slump and real estate remains in the doldrums. ( read original story ...)
Japanese stocks climb for third day as Hong Kong stocks drop
Stocks in the Asia-Pacific region grew Wednesday, Jan. 31, with the Japanese market showing a third day of increases and shares in Hong Kong declining ( read original story ...)
In China, fog hits shipping, snow, freezing rain crimps holiday travel
Heavy fog has suspended the operation of ships travelling through the Qiongzhou Strait off the coast of China's Guangdong province and several cities, including Shanghai, have issued warning ... ( read original story ...)
Citi names Luke Lu as China country officer and head of banking
Lu is a Citi veteran with 25 years of banking experience, having worked in Hong Kong and mainland China. He joined Citi in 2002 in Shanghai and has held several senior leadership positions across ... ( read original story ...)
China unveils new property support measures amid concerns about Evergrande fallout
A state-backed property project in China has received the first development loan under a so-called whitelist mechanism and two more major cities have eased home-buying curbs, state media reported, as ... ( read original story ...)
China Merges Hundreds of Rural Banks as Financial Risks Mount
China is embarking on its biggest consolidation in the banking industry by merging hundreds of rural lenders into regional behemoths amid growing signs of financial stress.Most Read from BloombergMusk ... ( read original story ...)