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Worsening Sino-US Relations Jeopardise Key Belt and Road Projects: Andre Wheeler

Worsening tensions between China and the United States in the wake of the COVID-19 pandemic have the potential to jeopardise key Belt...

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...

Latest stories

China’s Commercial Banks See YoY Profit Growth of 2.4% in First Quarter, NPL Ratio Eases to 1.8%

The latest official data points to modest growth in the net profits of the Chinese commercial banking sector in the first quarter...

ICBC Tops Forbes List of World’s 2000 Leading Public Companies for Ninth Consecutive Year

China biggest bank in terms of assets has once again topped the Forbes Global 2000 list of the world's leading public companies....

PBOC Undertakes 100 Billion Yuan in 1-year MLF Operations on 17 May, Rates Remain Unchanged

The People's Bank of China (PBOC) undertook 100 billion yuan in medium-term lending facility (MLF) operations on 17 May, alongside 10 billion...

Huawei Wants to Drive China’s Transformation into the World’s Digital Leader

Chinese telecoms giant Huawei has committed to a major overhaul of its cooperative partnership ecosystem as part of efforts to transform China...