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 ...)
6 takeaways from Shanghai Cooperation Organisation summit opening
Xi Jinping urges members’ cooperation and setting up a development bank as Vladimir Putin blames Nato for Ukraine crisis. ( read original story ...)
[In Photos] Mom-and-Pop Investors Throng Shanghai’s ‘Street Stock Salon’ as Market Hits Decade High
(Yicai) Aug. 25 -- The famed “street stock market salon” on Shanghai’s Guangdong Road, an informal weekend gathering spot for retail investors, was packed yesterday as punters swapped tips and debated ... ( read original story ...)