Friday, October 23, 2020
Tags Chinese electronic payments

Tag: Chinese electronic payments

Over 80% of Chinese Adults Make Use of Electronic Payments

A new report from the Chinese government points to ongoing gains in the use of electronic payments by adult consumers.

76.9% of Chinese Use Electronic Payments, over 45% Invest in WMP’s

A new report from the Chinese central bank points to ongoing expansion in the availability of financial and payments services for consumers throughout China,...

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Fintech Giant Lufax Pursues USD$2.36 Billion Stateside IPO

Chinese fintech giant Lufax has revealed more details on its plans to pursue an initial public offering (IPO) in the US despite...

China to Increase Qualified Domestic Institutional Investor Quota by around USD$10 Billion

China's forex administration has announced a further increase to the foreign investment quota for qualified domestic institutional investors (QDII).

Zhou Xiaochuan Weighs in on Internationalisation of the Renminbi at 2020 Financial Street Forum

Zhou Xiaochuan, the former head of the Chinese central bank, has voiced his opinions on the near-term prospects for the internationalisation of...

PBOC Launches Fintech Research Centre, Calls for “Comprehensive Increase” in China’s Fintech Competitiveness and Influence

A senior official from the People's Bank of China (PBOC) has called for the country to further drive efforts for the development...