Chinese equity prices have remained immune to the erosion in investor confidence witnessed at other centres.
China and India, the 'twin engines' of Asian economic growth, have decided to step up their cooperation in the stock exchange sector for the first time with both sides inking an agreement to this effect.
The world's largest steelmaker, Mittal Steel Co. will buy 36.7 per cent stake for $316 million in China's Hunan Valin Steel Tube & Wire Co.
Shanghai Gold Exchange plans to open a centre at GIFT City, in partnership with BSE or NSE
Chances of a sudden collapse in the Shanghai Composite are remote.
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