Shanghai has won approval for a new US$2.92 billion (RMB20 billion) private equity fund targeted at the city’s financial sector. Shanghai Securities News looks at the key players and what the fund means for the city’s financial sector.

As expected, the value of the yuan against the euro dominated discussions at Wednesday’s China-EU Summit. In the lead-up to the big day, China Business News asked some experts from the China side whether an undervalued yuan really was responsible for China’s growing trade surplus with Europe