BEIJING] Chinese President Xi Jinping secured an agreement from partner countries to set up a new development bank, realising a longtime ambition in a display of Beijing’s growing influence. Read more ... ( read original story ...)
China’s Xi seeks expanded role for Shanghai Cooperation Organization with a development bank
Chinese President Xi Jinping says China will accelerate the creation of an SCO development bank as he seeks to expand the Shanghai Cooperation Organization’s influence and scope. ( read original story ...)
Xi promises £1bn in loans as China pushes creation of SCO development bank
He pledged 1.4 billion US dollars (£1 billion) in loans in the next three years for SCO members. They are not specifically designated for the new development bank, for which no timeline has been ... ( read original story ...)
Shanghai Stocks Touch Decade Highs as Alibaba Leads AI Surge
Shanghai and Hong Kong stocks rose, with Alibaba driving gains after notable AI advancements. China's stock market saw a 10% jump in August, and positive sentiments were also boosted by the prospect ... ( read original story ...)
China’s Xi seeks expanded role for Shanghai Cooperation Organization with development bank
Chinese President Xi Jinping said China would accelerate the building of a SCO development bank at the annual summit of the Shanghai Cooperation Organization in Tianjin on Monday, as he seeks to ... ( read original story ...)
At SCO summit, China calls for SCO development bank
Chinese President Xi Jinping emphasizes mutual benefit and cooperation at SCO Summit; PM Modi interacts with Xi and Putin. ( read original story ...)
China’s Xi pushes SCO bank as Putin deflects Ukraine blame
China welcomes dozens of political heavyweights, including Vladimir Putin and Narendra Modi, and chiefs of international organisations. ( read original story ...)