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Shanghai Daily,上海日报

Finance


Xi eyes better global financial governance as MOU signed on new multilateral bank

CHINESE President Xi Jinping looks forward to better global financial governance as 21 countries signed a memorandum of understanding (MOU) Friday on establishing a new multilateral bank to finance infrastructure ...

October 24, 2014, Friday


FTZ edges city with higher trade value

Shanghai’s pilot free trade zone benefited the most from reforms, with trade expanding at a far quicker pace than the city itself in the zone’s first year of operations....

October 24, 2014, Friday


Slow pace in profit growth of SOEs

Profit growth of China’s state-owned enterprises slowed in the first nine months of 2014, adding to signs of fragility in the world’s second-...

October 24, 2014, Friday


SAFE official blames stronger dollar for drop in forex reserves

A TOP official from China’s foreign exchange regulator said yesterday that the recent decline in the country’s forex reserves was not a sign of capital flight out of the country.The People’...

October 24, 2014, Friday


Stocks slide as data fails to lift sentiment

China’s manufacturing sector data failed to ease concerns about capital outflows as investors continued to stay away, bringing down Shanghai shares for the third straight day....

October 24, 2014, Friday


Shanghai index loses 1.04% on liquidity concern

SHANGHAI stocks fell for a third day in a row as data showing China’s manufacturing sector may have rebounded to a three-month high failed to ease concern about capital outflows. The benchmark Shanghai ...

October 23, 2014, Thursday


Shanghai to help Macau-based Portuguese banks to expand in China

THE Shanghai Financial Services Office and the Monetary Authority of Macau held a promotion seminar today in Shanghai to assist Macau-based Portuguese banks’ expansion on China’s mainland. Over 150 representatives ...

October 23, 2014, Thursday


Shanghai shares drop despite stronger manufacturing data

SHANGHAI stocks traded lower this morning as data showing China’s manufacturing sector may have rebounded to a three-month high failed to ease concern about capital outflows. The benchmark Shanghai Composite ...

October 23, 2014, Thursday


Economic rebalancing makes progress

China has made progress in rebalancing its economy to relying more on consumption than investment despite economic growth faltering in the third quarter, JPMorgan said yesterday....

October 23, 2014, Thursday


China’s outbound investment to beat FDI

China’s outbound direct investment is seen to grow by at least 10 percent annually in the next five years, a senior official with the Ministry of Commerce said yesterday.“...

October 23, 2014, Thursday




 

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