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Chinese cash payments
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Chinese cash payments
Banking
Chinese Central Bank Tackles Refusal to Accept Cash Payments in the Wake of COVID-19
CBNEditor
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December 16, 2020
0
The People's Bank of China (PBOC) has launched new measures to curb the refusal by businesses to accept payments in cash, following...
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Banking
Chinese Central Bank Fines Five Businesses in Beijing for Refusal to Accept Cash Payments
CBNEditor
-
April 29, 2019
0
The People's Bank of China (PBOC) is ensuring that Chinese businesses continue to accept cash despite the rapid spread of mobile payments...
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Banking
PBOC Issues First Ever Penalty for Refusal to Accept Cash Payment
CBNEditor
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December 28, 2018
0
As the cashless revolution sweeps China's consumer market, the Chinese central bank has started to issue fines to businesses that refuse to accept cash...
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Most Read
Chinese Central Bank Appoints 48 Year-old Deputy Mayor of Chongqing as New Deputy Governor
Banking
CBNEditor
-
April 14, 2021
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
-
April 14, 2021
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
-
April 14, 2021
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
-
April 14, 2021
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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