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Banking
China’s Biggest Bank Opens up to Applications for Digital Renminbi Wallets in Shenzhen
CBNEditor
-
January 15, 2021
0
The Industrial and Commercial Bank of China (ICBC) is making digital renminbi wallets available to consumers in the southern tech hub of...
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Economy
Starbucks, Subway and McDonald’s to Participate in Trials of China’s Central Bank Digital Currency in Xiong’an
CBNEditor
-
April 23, 2020
0
Starbucks features on the list of companies that will participate in trials of China's proposed central bank digital currency (CBDC) in the...
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Fintech
Zhou Xiaochuan Reveals PBOC Is Developing Its Own Digital Currency
CBNEditor
-
March 14, 2018
0
The Chinese central bank has revealed that it is working on the development of its own digital currency as part of efforts to improve...
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Most Read
Users of Everbright’s Cloud-Driven Utilities Payment Platform Exceeded Half a Billion in 2020
Fintech
CBNEditor
-
January 21, 2021
0
China Everbright Bank has seen users of its cloud-based utilities payments service surge in 2020, as the COVID-19 pandemic drove sharp gains...
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China Unlikely to See Real Estate Loan Rates Decline in 2021 as LPR Holds Steady for Ninth Month Straight
Economy
CBNEditor
-
January 21, 2021
0
Domestic analysts say that Chinese banks are unlikely to significantly reduce rates for real estate loans in 2021, as regulators continue to...
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Chinese Central Bank Unveils Anti-Trust Measures Permitting Break up of Third-Party Payments Platforms
Finance
CBNEditor
-
January 21, 2021
0
The People's Bank of China (PBOC) will have the power to recommend the dismantling of third party payments platforms under new measures...
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Pinduoduo Owner Applies for Payments Trademark
Fintech
CBNEditor
-
January 21, 2021
0
A major shareholder in NASDAQ-listed agricommerce platform Pinduoduo has applied with Chinese authorities to register a Pinduoduo-related payments trademark.
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