Backed by Alibaba and Tencent, MiniMax may go public soon--offering investors rare access to China's AI uprising. ( read original story ...)
China’s central bank promotes blockchain and stablecoins as solution to payments
People’s Bank of China (PBoC) governor emphasized blockchain’s role and distributed ledgers for global payments at the Lujiazui Forum event. ( read original story ...)
China’s central bank throws weight behind new, emerging global currency system
China’s top monetary official said the global financial system is moving away from the US dollar, and China wants to push the renminbi into a more dominant role. Speaking on stage at a financial forum ... ( read original story ...)
China issues guidelines for Shanghai international financial centre
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 ...)