China will create a stock exchange in Beijing

China will set up a new stock exchange in Beijing, giving the nation's capital and political center more influence in the world of business and finance. President Xi Jinping announced the exchange at an international trade fair on Sept. 2. (Huang Jingwen/Xinhua/AP/CNN) China will set up a new stock exchange in Beijing, giving the nation's capital and political center more influence in the world of business and finance. President Xi Jinping announced the exchange at an international trade fair on Sept. 2. (Huang Jingwen/Xinhua/AP/CNN)