The cloud-computing arm of Amazon on Tuesday launched its first joint innovation service center in the eastern Chinese city of Qingdao. Full Story

390 bln yuan of reverse repos to mature this week

Altogether 390 billion yuan (about 56.4 billion U.S. dollars) of reverse repo contracts are set to mature this week after China's central bank continued to drain money from the market. Full Story

China focuses on risk control as economy firms

China has moved to channel more energy into risk control in its financial sector after the slowing economy showed more signs of warming due to pro-growth measures. Full Story

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