March 17, 2014 / 1:45 AM / 3 years ago

PRESS DIGEST- China - March 17

March 17 (Reuters) - Chinese newspapers available in Beijing and Shanghai carried the following stories on Monday. Reuters has not checked the stories and does not vouch for their accuracy.

CHINA BUSINESS NEWS

- Shanghai Pudong Development Bank Co Ltd will likely acquire Shanghai Trust as part of the Shanghai government's plan to consolidate the city's financial industry, sources said.

SECURITIES TIMES

- China International Marine Containers (Group) Ltd plans to invest 7 billion yuan in a production base in southern Guangdong province to make logistics equipment.

SHANGHAI DAILY

- Singapore-based bakery chain BreakTalk said it has isolated all of the ingredients bought from a Hangzhou-based supplier after China Central Television accused the supplier of selling out-of-date goods.

For Hong Kong and South China newspapers see.....

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