<div><p>SHANGHAI (Reuters) - The Shanghai Stock Exchange has approved the development of global exchange-traded funds (ETFs) by Chinese fund houses to track six overseas indexes including the Dow Jones industrial average <.DJI>, the Shanghai Securities News reported on Monday, citing Xu Ming, vice general manager of the exchange.</p&gt ...

<div><p>China is planning "rare" and "heavy-handed" steps to phase out outdated industry, state media said Wednesday, days after Beijing pledged to slow the growth in its fast-rising carbon emissions.</p><p>The government is to launch a "rare nationwide campaign" to eliminate inefficient and excess industrial capacity, the Shanghai Securities ...

<div><p>China plans to extend the period that foreign investors must hold their stakes in local banks, following anger over recent quick sales, state media said Wednesday.</p><p>China Banking Regulatory Commission chairman Liu Mingkang said the lockup period for new foreign strategic investors must be increased to at least ...

<div><p>Shanghai Airlines said Thursday it is in talks for an emergency government capital injection, the latest carrier to seek aid as China's air industry struggles through the economic crisis.</p><p>Trading in Shanghai Airlines shares were suspended as the company's board and shareholders discussed ways to reduce ...