PRESS DIGEST-China - Sept 13
SHANGHAI, Sept 13
SHANGHAI, Sept 13 (Reuters) - Chinese newspapers available in Beijing and Shanghai carried the following stories on Friday. Reuters has not checked the stories and does not vouch for their accuracy.
SHANGHAI SECURITIES NEWS
-- There have been over one hundred new members approved on China's QFII foreign investor list since 2012, according to the latest figures from China's securities regulator. The total now stands at 237 firms.
21ST CENTURY BUSINESS HERALD
-- Six foreign hedge funds have jointly raised $300 million through China's Qualified Domestic Limited Partner (QDLP) scheme, which allows non-Chinese funds to raise money from mainland investors, which can then be used to invest overseas.
-- China is not facing a property market bubble, despite high real estate prices and some regional problems, said Li Tie, director of the China Centre for Urban Development, talking at the World Economic Forum in Dalian on Thursday.
-- A U.S. decision to block China's Sany Group Ltd's involvement in a wind farm project is "totally foolish" said Li Ruogu, Chairman of the state-owned Export-Import Bank of China at the World Economic Forum. He added that the justification of national security was "totally groundless".
-- Speaking in New York, the president of China's Ningxia Hanas New Energy Group said he hopes to form a joint venture with an liquified natural gas (LNG) partner in the United States by the end of the year with an investment value of about $5 billion.
-- Some of China's publications for children contain murder, violence, pornography and other content which harms the physical and mental health of children, said an editorial in the paper that is considered a mouthpiece of the Chinese government. The country should not tolerate such publications.
For Hong Kong and South China newspapers see.....
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