PRESS DIGEST - China - MARCH 20
BEIJING/SHANGHAI, March 20 (Reuters) - Chinese newspapers available in Beijing and Shanghai carried the following stories on Thursday. Reuters has not checked the stories and does not vouch for their accuracy.
CHINA SECURITIES JOURNAL
-- Regulators could consider allowing foreign companies or their joint ventures in China to float shares on the domestic stock market, China's central bank proposed in a report on international financial markets.
SHANGHAI SECURITIES NEWS
-- China's State Council has issued a circular on the government's Web site encouraging qualified financial Chinese institutions to provide financial backing for Chinese firms operating globally.
SECURITIES TIMES
-- Datang Telecom Technology (600198.SS: Quote, Profile, Research, Stock Buzz) said its controlling shareholder has no plans for a major asset restructuring or a listing of all its assets on the stock market in the next six months, clarifying an earlier media report.
CHINA BUSINESS NEWS
-- Diesel is in short supply in several provinces in south China, including Guangdong, Yunnan and Hainan. Continued...
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