Construction contracts for the long-awaited Shanghai-Beijing high-speed line were smaller than expected at RMB83.7 billion combined, Fu Chenghao writes in the Shanghai Daily, meaning winning bidders are likely to do less well than hoped. However, their suppliers could be in line for a windfall

For a government so famously inept at exerting control over domestic markets and money supply through its public utterances and regulatory meddling, the fiasco over the last few weeks concerning the so called money through-train scheme must come as a pleasant surprise to Beijing. Well it could have if they didn't have to backtrack on their original plan,...

The Financial Times leads its China reportage today with figures from Dealogic, a data provider, that show stock exchanges in New York, London and Hong Kong have been left trailing in the wake of mainland bourses in terms of capital raising following PetroChina’s record US$8.9 billion offering last week.PetroChina took the total raised this year throug...