Wednesday, January 20, 2021
Tags Chinese blockchain technology

Tag: Chinese blockchain technology

China Merchants Bank Uses Trade Finance Blockchain Platform in Shaanxi to Slash Processing Times

One of six trials of cross-border blockchain services platforms in China recently commenced operation in the northern landlocked province of Shaanxi.

Ant Financial Unveils Blockchain Subsidiary in Shanghai

Chinese fintech giant Ant Financial has launched its own blockchain vehicle in Shanghai. Ant...

Chinese Banks Bet Big on the Potential of Blockchain Technology

A slew of Chinese banks have made major forays into the use of blockchain technology since the start of 2018, as China emerges as...

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Chinese Central Bank Hails Eradication of P2P Lending, “Orderly Disposal” of High-risk Financial Institutions

The People's Bank of China (PBOC) has highlighted the removal of all of the country's P2P lending platforms in 2020 as part...

NDRC Flags Active Fiscal Policy, Increased Spending on New Infrastructure in 2021

China's chief planning authority has outlined a raft of its policy intentions for 2021, as the national economy continues to recover from...

China’s GDP Breaches 100 Trillion Yuan Threshold after Posting 2.3% Growth in 2020, Disposable Income up 4.7%

Official data points to growth of over 2% in Chinese GDP in 2020 despite the adverse economic impacts of the COVID-19 pandemic....

China Bans Banks from Selling Depository Products via Third Party Online Platforms

Beijing has issued a new directive which further steps up pressure on the sale of depository products via online fintech platforms, after...