As the initial public offering sees Musk become the first ever trillionaire, China is also seeing growth in its tech uber-rich.
Pan Gongsheng tells representatives from about 30 central banks around the world that opening-up measures are working.
Ahead of SpaceX’s public listing on Friday, set to break records, here are some previous block-buster fundraisers.
Analysts say substantial passive inflows may follow the inclusion of MiniMax and Zhipu, though looming lock-up expiries risk diluting gains.
Some mainlanders have reported having applications to open Hong Kong accounts rejected amid China’s tightening cross-border investment controls.
7 Jun 2026 - 5:21PM videocam
Tighter overseas investment rules are leading some investors to shift to mainland-approved channels as Hong Kong brokers restrict access.
Survey shows many enterprises across the region invest heavily in AI, worried that their rivals will outpace them.
Singaporean operator leaves capital after 25 years as food court model loses favour amid rise of food delivery, shopping-mall evolution.
Country’s largest mudflat solar photovoltaic energy storage facility combines salt production with photovoltaic power generation.
Civil aviation in China returned to profitability in 2024, the industry’s first positive return after four years of pandemic-induced losses.
10 Jan 2025 - 8:32PM videocam
Consumer price index rose 0.2 per cent last year, matching 2023 figure as lowest increase since 2009.
State Post Bureau reports highest delivery volume ever, estimates a banner 2025 as consumption becomes economic imperative.
8 Jan 2025 - 7:30PM videocam
Tens of millions of tonnes of copper uncovered in resource-rich region as nation’s mineral-exploration breakthroughs mount.
With lower ticket sales and fierce competition from online entertainment, China’s film industry faces demotion in cultural status.
4 Jan 2025 - 12:00PM videocam
As bans on traditional fireworks become more common in China, the industry is capitalising on the growing popularity of drone shows and shifting to ‘cold fireworks’.
Official manufacturing purchasing managers’ index (PMI) dropped slightly in December, while non-manufacturing PMI saw a significant expansion.
Voucher programmes help reduce computing power rental costs for companies and researchers.
A plan for developing China’s snow and ice economy includes extending the duration of visa-free transit stays.
9 Jan 2025 - 12:54PM videocam
At central economic work conference, the country’s leadership emphasised the need to combat excessive cutthroat competition.
Jilin province plans to attract 230 million tourists and generate 420 billion yuan (US$57.7 billion) in revenue by 2027-28.
13 Dec 2024 - 6:30PM videocam
Employers in China asked to create jobs suitable for older workers, with close to 300 million people aged over 60.
Consumer prices in China grew by 0.2 per cent in November, while the cost of goods at the factory gate fell for the 26th month in a row.
Two Chinese economists have seen account restrictions after transcripts of speeches questioning official data garnered attention online.
7 Dec 2024 - 4:00PM videocam
Chinese embassy in Seoul advises caution as South Koreans come to terms with dramatic upheaval overnight.
4 Dec 2024 - 8:21PM videocam
Keen to capitalise on the economic windfall that comes from big-name international performers, Chinese cities are making a concerted effort to host high-profile concerts.
3 Dec 2024 - 8:30PM videocam