Thursday, January 28, 2021
Tags Chinese cashless economy

Tag: Chinese cashless economy

Chinese Central Bank Calls for Digital Currency R&D, Will Combat Refusal to Accept Cash

The People's Bank of China (PBOC) says it is driving further research and development of digital currencies, while also calling for measures...

Chinese Central Bank Bans Mandatory Cashless Payments

The People's Bank of China (PBOC) is cracking down on businesses that refuse cash payments, and warned that the concept of cashless transactions should...

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China Issued USD$8.87 Trillion in Bonds in 2020 for YoY rise of over 26%: PBOC

The latest data from the Chinese central bank points to a marked rise in bond issuance in 2020 amidst the peak of...

Beijing, Guangdong, Shanghai All Stress Digital Renminbi, Financial Opening in 2021 Government Work Reports

Several of China's biggest regional economies have outlined plans to accelerate digital renminbi trials and financial opening measures in their government work...

ByteDance’s Douyin to Serve as China Central Television’s Spring Festival Broadcast Partner for 2nd Year Running

TikTok's Chinese counterpart Douyin will be the official partner for the Spring Festival gala show that will be screened by China's state-owned...

China UnionPay Establishes Commanding Presence in South-east Asia’s Digital Payments Market

Payments giant China UnionPay is making bold forays into the digital payment sectors of multiple countries throughout South-east Asia.