Chinese Central Bank Will Transform Yuan into Cryptocurrency: Blockchain Research Institute
The head of a leading blockchain think tank says that the People’s Bank of China will eventually…
Fintech
China Accounted for Half of Global Digital Payments in 2017: Fintech Industry Report
A new report on China’s fintech sector says that the Chinese market already accounts for nearly half…
China Construction Bank Outlines 21 Fintech Demands
One of China’s big four state-owned banks has released a new list of key needs that it…
People’s Bank of China Plans to Become “Digital Central Bank,” Lead Accelerated Application of Fintech
The People’s Bank of China (PBOC) has unveiled ambitions to become a “digital central bank,” as well…
Ex-State Council Research Official Calls for Chinese Fintech to Increase Its International Clout
A former senior research official with China’s State Council says that the country’s fintech sector needs to…
Chinese Adults Have 84.87 Minutes of Mobile Screen Time each Day as Digital Content Consumption Expands
A new survey points to the increasing use of mobile devices for reading and content consumption purposes…
Ant Financial and Foxconn Join Ranks of World’s Leading Blockchain Companies
Chinese tech giants Ant Financial and Foxconn have both featured on Forbes’ inaugural list of the world’s…
Online Microloan Companies in China Set to Come under Unified Regulation
China’s 280 online microloan companies are expected to soon come under unified administrative regulation according to domestic…
Overseas Expansion by Chinese Banks Enters Mature Phase: JPMorgan Chase China
The head of JPMorgan Chase Bank (China) says that expansion by Chinese-invested banks into overseas markets has…
JPMorgan Chase Frets over China’s Fintech Progress
The head of JP Morgan Chase said that the banking giant is concerned about China’s rapid strides…
