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Chinese cashless economy
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Chinese cashless economy
Banking
Chinese Central Bank Calls for Digital Currency R&D, Will Combat Refusal to Accept Cash
CBNEditor
-
February 28, 2019
0
The People's Bank of China (PBOC) says it is driving further research and development of digital currencies, while also calling for measures...
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Economy
Chinese Central Bank Bans Mandatory Cashless Payments
CBNEditor
-
July 17, 2018
0
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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Most Read
Fintech Giant Lufax Pursues USD$2.36 Billion Stateside IPO
Fintech
CBNEditor
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October 23, 2020
0
Chinese fintech giant Lufax has revealed more details on its plans to pursue an initial public offering (IPO) in the US despite...
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China to Increase Qualified Domestic Institutional Investor Quota by around USD$10 Billion
Economy
CBNEditor
-
October 23, 2020
0
China's forex administration has announced a further increase to the foreign investment quota for qualified domestic institutional investors (QDII).
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Zhou Xiaochuan Weighs in on Internationalisation of the Renminbi at 2020 Financial Street Forum
Economy
CBNEditor
-
October 23, 2020
0
Zhou Xiaochuan, the former head of the Chinese central bank, has voiced his opinions on the near-term prospects for the internationalisation of...
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PBOC Launches Fintech Research Centre, Calls for “Comprehensive Increase” in China’s Fintech Competitiveness and Influence
Fintech
CBNEditor
-
October 23, 2020
0
A senior official from the People's Bank of China (PBOC) has called for the country to further drive efforts for the development...
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