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Tag: finance

Posted on 02/09/2025

SCO summit 2025, China: a showcase of how far bloc has come in nearly a quarter century

Starting with six, group now unites 26 nations across Asia, Europe and Africa on not just security challenges but trade, diplomacy and more. ( read original story ...)

Posted on 02/09/2025

China-led bloc to set up development bank in win for Xi

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 ...)

Posted on 01/09/2025

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 ...)

Posted on 01/09/2025

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 ...)

Posted on 01/09/2025

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 ...)

Posted on 01/09/2025

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 ...)

Posted on 01/09/2025

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 ...)

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