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US Tech Giants Stand to Lose Most If WeChat, TikTok Ban Leads to Worldwide Internet Sovereignty: Rich Turrin

Shanghai-based fintech veteran Rich Turrin says that American tech giants stand to be the biggest losers from the Trump administration's imposition of...

Cross-Chain Compatibility Will Unlock the Full Potential of CBDC’s: Sky Guo

As central banking moves towards the inevitability of digitization, global institutions and their governing countries must move in lockstep to ensure the...

COVID-19 Spurs Foreign Companies to Accelerate China Investment Ambitions

The spread of the COVID-19 pandemic may be having the unexpected effect of spurring foreign companies to accelerate their plans to expand...

China’s Blockchain Services Network The Biggest Event in Computing Since the Cloud: Rich Turrin

Shanghai-based fintech veteran Rich Turrin says that the launch of the world’s biggest blockchain ecosystem by China promises to unleash a wave...

Is China’s National Security Law the Nail in the Coffin for Hong Kong as Global Financial Hub?

China's recent mooting of a national security law in response to more than a year of intense civil unrest in Hong Kong...

COVID-19 Exposes Soft Underbelly of China’s Belt and Road Initiative: Andre Wheeler

The COVID-19 pandemic has exposed a number of key weaknesses in Xi Jinping's Belt and Road Initiative (BRI) according to a leading...

China’s Central Bank Digital Currency Won’t Be Blockchain-based or Rival to Alipay: Rich Turrin

Shanghai-based fintech veteran Rich Turrin says that despite the widespread association between distributed ledger technology and cryptocurrencies, China’s hotly awaited digital renminbi...

China’s New Digital Currency Will Foster Hi-tech Internationalisation of the Renminbi: Rich Turrin

Shanghai-based fintech veteran Rich Turrin says that the launch of China’s new central bank digital currency (CBDC) will serve to greatly expedite...

Fintech Played Critical Role in China’s Containment of COVID-19: Rich Turrin

Shanghai-based fintech veteran Rich Turrin says that the widespread adoption of digital payments in China has played an instrumental role in the...

Chinese Expats Drive Overseas Expansion of Alipay and WeChat Pay in the West: Interview with Luke Deer

Overseas Chinese communities have emerged as key offshore growth areas for the digital payments services of tech giants Alipay and WeChat. 

How Alipay and WeChat Pay Revolutionised Chinese Payments, Paved the Way for Central Bank Digital Currency – Interview with Rich Turrin

Rich Turrin is the author of the best-selling “Innovation Lab Excellence” and soon to be published “China’s Digital Currency Revolution." He previously...

Libra and PBOC Digital Currency Show Difference in Chinese and US Approaches to Fintech – Interview with Nicholas Krapels

Part Two of a Two Part Interview with Nicholas Krapels, Blockchain Lead at Konstellation In...

Latest stories

China’s Biggest Bank Opens up to Applications for Digital Renminbi Wallets in Shenzhen

The Industrial and Commercial Bank of China (ICBC) is making digital renminbi wallets available to consumers in the southern tech hub of...

Chinese Central Bank Outlines Efforts to Improve Execution of Monetary Policy

A senior official from the People's Bank of China (PBOC) has published a paper on its official website outlining current plans to...

Foreign Investors Raise Holdings on China’s Interbank Bond Market by over 1 Trillion Yuan in 2020

The latest data from the Chinese central bank points to a sharp rise in investment by foreign institutional investors on China's interbank...

Shenzhen Finance Sector Sees Total Deposits Exceed 10 Trillion Yuan

Financial institutions based in Shenzhen have just seen their deposit levels rise to record-breaking levels.