Shanghai sets up bankruptcy court

A special court to handle bankruptcy cases was set up in Shanghai on Friday, according to local authorities. The newly established Shanghai court will handle company bankruptcies, compulsory liquidation cases…

Former provincial official stands trial for graft

Bai Xiangqun, former vice chairman of the government of north China's Inner Mongolia Autonomous Region, stood trial for bribery, embezzlement, insider trading and leaking insider information at the Intermediate People's…