Tags Chinese cross-border payments

Tag: Chinese cross-border payments

Economy

Over 1000 Financial Institutions Expected to Join China’s Renminbi Cross-border Payments System by End of 2020

CBNEditor - September 7, 2020 0

The number of financial institutions that are part of China's Cross-Border Interbank Payment System (CIPS) is expected to breach 1,000 in total by the...

Finance

Forex Authority Loosens China’s Cross-border Payments Restrictions for E-commerce

CBNEditor - May 21, 2020 0

The State Administration of Foreign Exchange (SAFE) has issued a new directive that significantly scales back China's restrictions on cross-border payments operations.

Fintech

Details Emerge on China’s First Batch of Cross-border Payments Licensees

CBNEditor - March 12, 2020 0

China is about to unveil its first group of licensed cross-border payments providers following multi-year trials.

Economy

Shanghai Unveils Plan to Facilitate Cross-border Renminbi Payments for Tesla’s Gigafactory 3

CBNEditor - March 8, 2020 0

Shanghai's financial authorities have issued a raft of regulations for facilitating cross-border renminbi settlement in the Lingang free-trade zone, which is home...

Chinese Central Bank Commits to More Policy Support for Carbon Targets, Warns of Risk Arising from Transition Away from Fossil Fuels

Banking CBNEditor - April 19, 2021 0

The People's Bank of China (PBOC) has reiterated its commitment to green finance initiatives as part of efforts to satisfy the country's...

Tag: Chinese cross-border payments

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