Tuesday, October 20, 2020
Tags DCEP

Tag: DCEP

Starbucks, Subway and McDonald’s to Participate in Trials of China’s Central Bank Digital Currency in Xiong’an

Starbucks features on the list of companies that will participate in trials of China's proposed central bank digital currency (CBDC) in the...

Zhou Xiaochuan Reveals PBOC Is Developing Its Own Digital Currency

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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Chinese GDP Growth Rises to 0.7% in Third Quarter

China's GDP growth for the first three quarters of 2020 has entered positive territory despite the initial economic impacts of the COVID-19...

Huang Jianhui Calls for Creation of “Aircraft Carrier Fleet” of Chinese Banks and Enterprises for Expansion into Overseas markets

A leading Chinese economist has called for the country's banks and enterprises to join together in a concerted effort to expand their...

Loan Prime Rate Remains Unchanged for Sixth Consecutive Month in October

Chi­na’s loan prime rate (LPR) for October has re­mained un­changed for the sixth consecutive month.  The...

Shenzhen Lottery Winners Use Digital Renminbi to Pump Fuel, Pay for Meals

The winners of a recent digital renminbi lottery held in the southern tech hub of Shenzhen have used some of their proceeds...