Thursday, April 15, 2021
Tags Beijing digital renminbi

Tag: Beijing digital renminbi

Fintech

Beijing Trials Use of Digital Renminbi in Wearable Devices on Metro System

CBNEditor - 0
Beijing has launched trials for the use of the digital renminbi with wearable devices to make payments for metro fares.
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Fintech

Beijing Municipal Authorities to Establish More Digital Renminbi Testing Zones, Digital Finance System and Data Trading Regulations

CBNEditor - 0
The Beijing municipal government has flagged the launch of more trial zones for China's central bank digital currency (CBDC), as well as...
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Chinese Central Bank Appoints 48 Year-old Deputy Mayor of Chongqing as New Deputy Governor

Banking CBNEditor - 0
The People's Bank of China (PBOC) has just expanded its senior leadership cohort with the addition of a new deputy governor drawn...
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Beijing Cracks Down on Local Finance Platforms, Demands “Peeling Away” of Government Funding Role, Bankruptcies for Insolvent Firms

Finance CBNEditor - 0
The State Council of China has issued new regulations concerning the handling of local finance platforms in a bid to stymie their...
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Chinese CPI Bounces Back into Positive Territory in March

Economy CBNEditor - 0
China's consumer price index (CPI) resumed positive YoY growth in March, as the domestic economy continues to recover from the impacts of...
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Renminbi Lending Increases USD$1.17 Trillion in First Quarter of 2021

Banking CBNEditor - 0
Chinese banks extended over USD$1.1 trillion in new loans in the first quarter of 2021 according to the latest data from the...
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