Friday, November 27, 2020
Tags Chinese cross-border transactions

Tag: Chinese cross-border transactions

Bank of China Report Calls for Shift from SWIFT to CIPS for Cross-border Settlement Due to Concern over US Sanctions

A new report from one of China big state-owned banks has called for a shift towards greater use of the country's own...

Third Party Payments Providers Focus on Micro-retailers, Cross-border Transactions

China's third party payments providers are increasingly focusing upon micro-retailers and cross-border transactions as key growth areas. China is currently host to over 6 million...

China’s Third Party Payments Sector Sees Boom in Cross-border Transactions

China's third party payments sector has seen a surge in the volume of cross-border transactions, with industry observers expecting robust growth going ahead as...

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Bank of Chengdu Launches New “Cloud Converted” Data Centre, Provides AI Customer Service in Sichuanese Dialect

Sichuanese province lender Bank of Chengdu has announced the launch of a new "cloud converted" data centre."

Bank of Communications Completes First Offshore Issuance of Perpetual Bond by a Chinese Bank

Big state-owned lender Bank of Communications (BOCOM) has become the first Chinese bank to issue perpetual bonds offshore.

Liu He Sheds Light on China’s Dual Circulation Development Strategy

One of China's senior-most economic policymakers has written an essay for the People's Daily that sheds light on the goals and priorities...

International Forecasters Upbeat on Chinese GDP Growth in 2020, 2021

Leading international forecasters anticipate comparatively robust growth for the Chinese economy in 2020 amidst the impacts of the COVID-19 pandemic.