People walk at the Bund overlooking the financial district of Pudong in Shanghai. Photo: AFP

China needs ‘class action system with Chinese characteristics’ to woo investors, securities chief says

  • Yi Huiman said that class action across investment classes should be accelerated in China, amid a flurry of activity aimed at attracting foreign investors
  • Class action is possible in China, but rarely used in practice since it requires the recommendation of a court
Topic |   China stock market

TOP PICKS

People walk at the Bund overlooking the financial district of Pudong in Shanghai. Photo: AFP
READ FULL ARTICLE
China’s Vice-Premier Liu He says Beijing plans to make the state economy ‘stronger, better and bigger’. Photo: AFP

China will make state economy ‘stronger, better and bigger’, top trade negotiator Liu He says

  • The preferential treatment China gives its state-owned enterprises (SOEs) is one of the key disputes between Washington and Beijing
  • Despite progress made on an interim deal, the comments suggest a long-term solution to US-China trade war will be harder to find
Topic |   China economy

TOP PICKS

China’s Vice-Premier Liu He says Beijing plans to make the state economy ‘stronger, better and bigger’. Photo: AFP
READ FULL ARTICLE