Thursday, January 28, 2021
Tags Chinese cashless economy

Tag: Chinese cashless economy

Banking

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

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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

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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

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

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The latest data from the Chinese central bank points to a marked rise in bond issuance in 2020 amidst the peak of...
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Beijing, Guangdong, Shanghai All Stress Digital Renminbi, Financial Opening in 2021 Government Work Reports

Economy CBNEditor - 0
Several of China's biggest regional economies have outlined plans to accelerate digital renminbi trials and financial opening measures in their government work...
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ByteDance’s Douyin to Serve as China Central Television’s Spring Festival Broadcast Partner for 2nd Year Running

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

Fintech CBNEditor - 0
Payments giant China UnionPay is making bold forays into the digital payment sectors of multiple countries throughout South-east Asia.
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