Sunday, April 11, 2021
Tags Chinese third party payments sector

Tag: Chinese third party payments sector

Banking

Third Party Payments Licenses in China See Prices Contract Almost 60%

CBNEditor - 0
Prices for third party payments license in China have seen a precipitous decline since Beijing's launch of a crackdown on internet payments....
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Economy

China’s Third Party Payments Providers Will Sever Direct Ties to Banks

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The People's Bank of China hopes to strengthen its monitoring and regulation of third party payments providers by severing their direct ties to banks,...
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Most Read

Digital Renminbi Makes Its Debut on Renmin University Campus

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Ongoing trials of China's Digital Renminbi have brought the central bank digital currency to one of the country's most prestigious tertiary institutions....
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China’s Services Exports Surge over 20% since Start of 2021, Imports Plunge by More Than 18%

Economy CBNEditor - 0
China has seen a sharp rise in its exports of services since the start of 2021, in tandem with a plunge in...
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Liquidity to Come Under Modest Pressure in April Following Funds Contraction of 30 Billion Yuan in March

Banking CBNEditor - 0
Liquidity in the Chinese finance system is expected to come under modest pressure in the month of April as a result of...
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China Co-chairs G20 Sustainable Finance Study Group with United States

Economy CBNEditor - 0
China will play a leading role in efforts by the G20 to develop solutions for the challenges faced by the global sustainable...
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