Thursday, March 4, 2021

Digital Renminbi to Integrate with Chinese Blockchain System “Chang’an Chain”

The People's Bank of China (PBOC) - being the Chinese central bank - plans to integrate the Digital Renminbi with a locally...

ByteDance Applies for Registration of “BytePay” Trademark

TikTok-owner ByteDance appears intent on expanding the range of online services and products it provides with its application to register aNOTHER payments-related...

China’s Banking Regulator Highlights Success of Risk Containment Efforts in 2020, Focal Points for Policy in 2021

The head of China's banking regulatory has touted the progress of effort to contain risk in the Chinese financial system, while also...

Shenzhen Launches China’s First Personal Bankruptcy System

The southern Chinese tech hub of Shenzhen has just launched China's first system for the application and processing of personal bankruptcies.

Alibaba and Baidu Win Tender for China’s Online Payments Processing Cloud Platform

Tech giants Alibaba Cloudand Baidu have won the tender for a project involving the cloud platform used to drive China's centralised...

Tech Investments of Chinese Banks Rose 20% in 2020

Chinese banks and insurers gave a major boost to their tech investments in 2020 despite the economic impacts of the COVID-19 pandemic....

Digital Renminbi to Integrate with Chinese Blockchain System “Chang’an Chain”

The People's Bank of China (PBOC) - being the Chinese central bank - plans to integrate the Digital Renminbi with a locally...

ByteDance Applies for Registration of “BytePay” Trademark

TikTok-owner ByteDance appears intent on expanding the range of online services and products it provides with its application to register aNOTHER payments-related...

Alibaba and Baidu Win Tender for China’s Online Payments Processing Cloud Platform

Tech giants Alibaba Cloudand Baidu have won the tender for a project involving the cloud platform used to drive China's centralised...

Digital Renminbi to Integrate with Chinese Blockchain System “Chang’an Chain”

The People's Bank of China (PBOC) - being the Chinese central bank - plans to integrate the Digital Renminbi with a locally...

China’s Banking Regulator Highlights Success of Risk Containment Efforts in 2020, Focal Points for Policy in 2021

The head of China's banking regulatory has touted the progress of effort to contain risk in the Chinese financial system, while also...

Shenzhen Launches China’s First Personal Bankruptcy System

The southern Chinese tech hub of Shenzhen has just launched China's first system for the application and processing of personal bankruptcies.

China Leads the World in Billionaires, Adds over 200 in 2020 During COVID-19

China has emerged as the country with the world largest number of billionaires, with over 200 Chinese nationals joining their ranks in...

Ant Group IPO Cancellation No Surprise Given China’s Long-standing Plans to Tighten Fintech Regulation: Ping An Chief

The CEO of Chinese insurance giant Ping An Insurance (Group). Co. said that the shelving of Ant Group's mammoth IPO in November...