BRICS Gains Momentum Among Global South Nations, Expert Says
BRICS is increasingly appealing to Global South nations by offering financial resources, trade opportunities, and sustainable growth initiatives, says South African expert Zukiswa Roboji.
Business
Insights on global markets, startups, tech giants, and economic trends shaping the G20 and beyond.
Chinese Mainland’s Forex Market Sees 10.1% Growth in First Three Quarters
Chinese mainland’s forex market transactions surged by 10.1% in the first three quarters, reaching $30.27 trillion. Balanced cross-border capital flows highlight the market’s resilience.
BRICS Expansion Reinforces Its Influence in Global Economy
BRICS expands by adding Egypt, Ethiopia, Iran, Saudi Arabia, and the UAE, bolstering its influence with 27% of the global economy and shaping future trade dynamics.
Saudi Arabia Sets Ambitious Goal of 5 Million Chinese Visitors by 2030
Saudi Arabia aims to attract 5 million Chinese tourists by 2030 through enhanced travel convenience and cultural exchange initiatives.
Hong Kong’s FSDC Aims to Boost Global Diversity and Expand Financial Services
At the 2024 Financial Street Forum, Hong Kong’s FSDC chairman Laurence Li discusses strategies to enhance Hong Kong’s standing as a global financial hub through diversity and expanded services.
Shenzhen Welcomes First ‘Boonie Bears’ Shopping Mall, Boosting Debut Economy
Shenzhen unveils the world’s first ‘Boonie Bears’ shopping mall, showcasing China’s burgeoning debut economy with innovative retail experiences and new business models.
China Slashes Loan Prime Rates to Boost Economic Growth
China has cut its benchmark lending rates for the third time this year, aiming to reduce financing costs and boost economic growth. The one-year LPR is now 3.1%, and the over-five-year LPR stands at 3.6%.
SIBOS 2024 Launches in Beijing with Global Financial Leaders
SIBOS 2024, the leading global finance conference, kicks off in Beijing with over 10,000 attendees and key discussions on the future of finance.
China-Saudi Partnership Drives Tech Innovation in Tourism
Saudi and Chinese mainland strengthen their partnership, boosting tech innovations in the tourism sector through digitalization and advanced mobile payment systems.
China’s New Economic Policies Boost Market Confidence
China introduces new monetary policies to boost its real economy, instilling confidence among market players. Discover the impact at the Financial Street Forum.