At the opening ceremony of the 2025 Lujiazui Forum held in Shanghai on Wednesday, People's Bank of China (PBC) Governor Pan Gongsheng announced eight significant measures to further open China's ... ( read original story ...)
China to open new centre to boost yuan’s global reach
China's central bank governor on Wednesday said the country will set up an "international operations centre" for the digital yuan as part of efforts ... ( read original story ...)
Asia markets trade mixed amid Israel-Iran tensions, Lujiazui forum in Shanghai, Fed decision in focus
Asia stock markets mixed on Wednesday, following Wall Street’s decline on Tuesday amid worries that the U.S. could become directly involved in the Israel-Iran conflict. Hostilities between Israel and ... ( read original story ...)
Shanghai, Hong Kong sign action plan to tighten financial ties amid rising global challenges
Shanghai and Hong Kong signed an action plan on Wednesday aimed at promoting the coordinated development of the two international financial hubs, ramping up market connectivity, exploring new areas of ... ( read original story ...)
Hong Kong to act as launch pad for Chinese companies’ global push in pact with Shanghai
Mainland Chinese companies will use Hong Kong’s capital market as the launch pad for their global growth, according to an action plan signed on Wednesday with Shanghai to connect the premier onshore ... ( read original story ...)
Shanghai, Hong Kong sign development action plan
The Action Plan for Collaborative Development of Shanghai and Hong Kong International Financial Centers was signed on Wednesday, when the highly anticipated two-day industry pageant Lujiazui Forum ... ( read original story ...)
China’s Central Bank Says to Promote Digital Yuan, Multi-Polar Currency System
SHANGHAI (Reuters) -China's central bank governor announced plans to promote the international use of the digital yuan and called for the development of a multi-polar global currency system, where ... ( read original story ...)