PRESS DIGEST - China - Aug 20

BEIJING/SHANGHAI Aug 20 (Reuters) - Chinese newspapers available in Beijing and Shanghai carried the following stories on Friday. Reuters has not checked the stories and does not vouch for their accuracy.

CHINA DAILY (www.chinadaily.com.cn)

-- More than 80,000 employees in Beijing's entertainment businesses have been ordered to register their real names with the government as it aims to combat prostitution, gambling and drug use, local police said.

PEOPLE'S DAILY

-- A commentary says the U.S. military presence in the South China Sea region is making trouble rather than keeping the peace.

SHANGHAI SECURITIES NEWS

--Chinese steel maker Shougang (000959.SZ: Quote) said it will hold an estimated 18.31 percent stake in the soon-to-be established Beijing Auto Co Ltd. It did not name the other shareholders or the size of the new company.

-- The financial office of the Shenzhen Municipal Government has completed its review and risk assessment of a plan to allow the listing of cross-border exchange-traded funds on the Shenzhen Stock Exchange, and the launch of such products is now pending various regulatory approvals.

CHINA SECURITIES NEWS