and a pilot on enhancing the yuan’s convertibility in Shanghai’s free trade zone, it said. Efforts to deal with financial risks in Wenzhou in the eastern province of Zhejiang have led to a ... ( read original story ...)
Shanghai Gold Exchange raises margin as gold prices hit 6-yr high
The Shanghai Gold Exchange said it will raise the margin requirement on its AU(T+N2) gold contract to 9% from 6% on Tuesday * The trading limit on the contract will also be raised to 8% from 5%, the ... ( read original story ...)
Shanghai and Bangkok look to forge closer ties
consul-general of the Thai Consulate in Shanghai. As the world's second largest economy, with robust domestic consumption and a healthy financial system, China is one of the prime drivers to pull the ... ( read original story ...)
SBI, Shanghai becomes first Indian bank to link up with China National Advance Payment System
SBI is the only Indian bank to have obtained the license to do business in local currency Beijing: The State Bank of India's (SBI) Shanghai branch is now connected to China's National Advance Payment ... ( read original story ...)
Morgan Stanley buys 2% needed for control of China banking JV
The bank currently has a 49% stake in the joint ... according to a separate notice on the Shanghai United Assets and Equity Exchange website dated Aug. 1. The news comes amid mounting tensions ... ( read original story ...)
U.S., China to keep talking on trade after little progress in Shanghai
The White House and China’s Commerce Ministry each described the meetings in Shanghai as constructive ... disrupting global supply chains and roiling financial markets. The International Monetary Fund ... ( read original story ...)
China’s financial opening-up has righteous motives despite Western skepticism, distortion
The financial opening-up has two aspects ... It has also been pushing forward the opening via trading programs such as Shanghai-Hong Kong Stock Connect, Shenzhen-Hong Kong Stock Connect, bond connect ... ( read original story ...)