Tuesday, May 18, 2021
Tags Digital currency/electronic payments

Tag: Digital currency/electronic payments

PBOC’s Digital Currency Research Institute Steps up Hiring of Staff to “Change History with Code”

The Chinese central bank's digital currency research vehicle has launched a fresh recruitment campaign following the launch of internal testing of China's...

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...

Chinese Central Bank Issues Warning over Use of Statutory Digital Currency as Cover for Fraud

The People's Bank of China (PBOC) has issued an official warning over fraudulent schemes that make false claims in relation to the...

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China’s Commercial Banks See YoY Profit Growth of 2.4% in First Quarter, NPL Ratio Eases to 1.8%

The latest official data points to modest growth in the net profits of the Chinese commercial banking sector in the first quarter...

ICBC Tops Forbes List of World’s 2000 Leading Public Companies for Ninth Consecutive Year

China biggest bank in terms of assets has once again topped the Forbes Global 2000 list of the world's leading public companies....

PBOC Undertakes 100 Billion Yuan in 1-year MLF Operations on 17 May, Rates Remain Unchanged

The People's Bank of China (PBOC) undertook 100 billion yuan in medium-term lending facility (MLF) operations on 17 May, alongside 10 billion...

Huawei Wants to Drive China’s Transformation into the World’s Digital Leader

Chinese telecoms giant Huawei has committed to a major overhaul of its cooperative partnership ecosystem as part of efforts to transform China...