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On June 12, the Cyberspace Administration of China published the China Personal Information Protection Report (2025), its first comprehensive annual review of national personal data protection. The report reviews 2025 achievements, summarizes lessons

2026-06-12

On June 12, the Cyberspace Administration of China published the China Personal Information Protection Report (2025), its first comprehensive annual review of national personal data protection. The report reviews 2025 achievements, summarizes lessons and consensus, and says it will support efforts to deepen personal information protection and strengthen stakeholders' awareness and capabilities.

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2026-06-12

On June 12, Zhou Xiaoquan, executive deputy director of the Shanghai municipal financial office, said Shanghai will reinforce its role as an open financial hub, prioritize cross-border financial quality upgrades and offshore financial innovation to b

On June 12, Zhou Xiaoquan, executive deputy director of the Shanghai municipal financial office, said Shanghai will reinforce its role as an open financial hub, prioritize cross-border financial quality upgrades and offshore financial innovation to better support outbound investment and Belt and Road cooperation. First, the city will raise financial internationalization and further deepen market linkages through Shanghai–Hong Kong Stock Connect, Bond Connect and Swap Connect, boost the influence of Shanghai indices and price benchmarks, and launch more internationally oriented financial products and services. Second, Shanghai will shore up cross-border financial infrastructure by continuing FX business reform, steadily expanding pilots for integrated onshore–offshore currency pools, widening FX hedging coverage, and enhancing reinsurance and marine insurance underwriting capacity and services. Third, it will scale offshore pilot effects by advancing comprehensive offshore trade finance reform in the Lingang New Area, upgrading free‑trade offshore bond services, rolling out small-scale additional offshore financial businesses, and building an offshore financial system aligned with international finance centers.
2026-06-12

Citigroup upgraded its rating on the European chemicals sector to neutral.

Citigroup upgraded its rating on the European chemicals sector to neutral.
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