China issued guidelines for the development of the Shanghai international financial centre on Wednesday, the official Xinhua news agency reported. The country will facilitate cross-border trade and ... ( read original story ...)
China’s central bank chief expects new currency order to challenge dollar
China’s central bank governor has said he expects a new global currency order to emerge after decades of dominance by the US dollar, with the renminbi competing in a “multi-polar international ... ( read original story ...)
China to loosen IPO restrictions by reinstating listings of unprofitable start-ups: CSRC
China plans to resume listings of unprofitable start-ups on its technology boards in an effort to support the nation’s drive toward technological self-sufficiency and roll back curbs on the initial ... ( read original story ...)
China’s central bank unveils eight major financial opening-up measures at 2025 Lujiazui Forum in Shanghai
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 ...)