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Meng Wanzhou Incident Highlights Risks Facing Chinese High-net-worth Individuals

By Wade Weems, Chang Liu, and Nan Wang; Kobre & Kim LLP Just like the many Chinese businesses caught...

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. 

Latest stories

PBOC Governor Reiterates Commitment to Full Regulation of Fintech, Anti-trust Enforcement for Internet Platforms

The head of the Chinese central bank has reiterated the official position that all forms of financial activity in China must be...

PBOC Plans to Set Ceiling on Offshore Lending by Chinese Commercial Banks, Expand Renminbi Lending Scope

China's top financial regulators plan to put curbs on the offshore loan balance of the country's commercial banks, while also freeing up...

Ant Group’s Huabei Delivers Big Data to Chinese Central Bank’s Credit System

One of China's leading consumer finance platforms originally developed by Jack Ma's Ant Group has been integrated into the credit system of...

China Rises Two Spots in WIPO’s Innovation Index for 2021

China has continued to rise in the World Intellectual Property Organisation's (WIPO) ranking of global economies on the basis of innovative capability.