Tuesday, March 2, 2021
Tags Chinese trade finance

Tag: Chinese trade finance

PBOC’s Blockchain-driven Trade Finance Platform Processes over 90B Yuan in Transactions Since Launch

The Chinese central bank is touting the success of its blockchain-driven trade finance platform and its ability to help small-and-medium enterprises to...

China Construction Bank Unveils Upgraded Version of Blockchain-driven Trade Finance Platform

One of China's big state-owned banks has launched a raft of new functions for its blockchain-driven trade finance platform in the wake...

Standard Chartered China Completes First Trade Finance Deal Based on Loan Prime Rate

Standard Chartered China has just completed its first a trade financing deal based on the Chinese central bank's recently launched loan prime...

Hong Kong Monetary Authority Launches Blockchain-based Trade Finance Platform

A consortium of twelve banks including HSBC and Standard Chartered have teamed up with the Hong Kong Monetary Authority (HKMA) to launch a new...

China Banking Association is Developing Blockchain-based Trade Finance Platform

The peak body for China's banking sector has unveiled plans to apply blockchain technology to factoring and other forms of trade financing. Huang Runzhong (黄润中),...

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Over 20 Chinese Provinces Include Blockchain Development Goals in 2021 Government Work Reports

China's regional authorities have flagged their commitment to the development of their local blockchain sectors with mention of the technology appearing in...

China Bans Regional Banks from Accepting Cross-border Deposits

The Chinese central bank has prohibited regional banks from accepting deposits from cities where they do not have physical branches, in a...

Shenzhen’s State-owned Assets Authority Grabs 23% Stake in Suning.com

The state-owned assets authority of the Shenzhen municipal government has just acquired a sizeable stake in Shenzhen-listed retail giant Suning.com (苏宁易购) via...

Chinese Mobile Internet Users Hit 986 Million

The latest official data indicates that the number of people in China who access the Internet via their mobile phones is fast...