China’s money rates rise as drains liquidity

SHANGHAI, Nov 10 (Reuters) - China's primary money market rates moved higher on Friday, in spite of a central bank liquidity injection, as cash conditions tightened ahead of business tax payments and the week brought a net liquidity drain. The volume ... ( read original story ...)

Breast milk bank for babies set up in Shanghai hospital

A nurse at the neonatal intensive care unit at Children's Hospital of Fudan University is feeding a premature baby with breast milk. Newborn babies being kept at neonatal intensive care unit of a local pediatric hospital are able to feed on breast milk ... ( read original story ...)

Overseas investors bullish on China’s capital market

China's stock market has been recovering steadily this year after market turmoil starting from the summer of 2015 once sent the major index below 3,000 points. The benchmark Shanghai Composite Index closed 0.14 percent higher Friday, at 3,432.67 points ... ( read original story ...)

China Eases Limits on Foreign Stakes in Financial Firms

Peter L. Alexander, the founder and managing director of Z-Ben Advisors, a Shanghai financial consulting firm, said that because Chinese investors tend to have large holdings in relatively simple money market funds and have not yet shown much interest in ... ( read original story ...)