Tuesday, April 13, 2021
Tags Chinese digital currency electronic payments system

Tag: Chinese digital currency electronic payments system

China Construction Bank Temporarily Launches Digital Renminbi Wallet

One of China's big six state-owned banks has provided the world with a brief glimpse of what wallets for China's digital renminbi...

State Media Sheds Light on China’s Central Bank Digital Currency

China's state-owned media has shed some light on the expectations of Chinese financial authorities for the functionality and impacts of the country's...

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Ex-PBOC Deputy Governor Warns of “Biden’s Overheating” and “Sword of Inflation” After Unveiling of USD$1.9T Stimulus Package

One of China's leading economists has warned of the major risk implications of the mammoth USD$1.9 trillion stimulus package unveiled by the...

JD Technology Expected to Join Ant Group in Adoption of Financial Holding Company Form

The tech subsidiary of e-commerce giant JD.com reportedly plans to launch a financial holding company amidst a push from Chinese authorities for...

Paypal Founder Peter Thiel Worries Bitcoin Could Be Financial Weapon for China Despite Domestic Ban

One of America's leading tech entrepreneurs believes that China could use the Bitcoin cryptocurrency as a "financial weapon" against the US should...

Chinese Central Bank Reportedly Orders Lenders to Keep 2021 Credit Growth on Par with Last Year

The People's Bank of China (PBOC) has reportedly issued an order for leading banking sector financial institutions to scale back credit growth...