Tuesday, January 19, 2021
Tags Digital Currency Research Institute

Tag: Digital Currency Research Institute

China Should Develop Digital Currency via Competitive Process: Zhou Xiaochuan

The former head of the Chinese central bank has called for the use of a competitive selection process to explore the development of an...

PBOC’s Digital Currency Research Institute Highlights Four Challenges for Blockchain Finance

The vice-head of the Chinese central bank's Digital Currency Research Institute has warned against the "rash" use of blockchain technology in the financial sector. Di...

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Chinese Central Bank Hails Eradication of P2P Lending, “Orderly Disposal” of High-risk Financial Institutions

The People's Bank of China (PBOC) has highlighted the removal of all of the country's P2P lending platforms in 2020 as part...

NDRC Flags Active Fiscal Policy, Increased Spending on New Infrastructure in 2021

China's chief planning authority has outlined a raft of its policy intentions for 2021, as the national economy continues to recover from...

China’s GDP Breaches 100 Trillion Yuan Threshold after Posting 2.3% Growth in 2020, Disposable Income up 4.7%

Official data points to growth of over 2% in Chinese GDP in 2020 despite the adverse economic impacts of the COVID-19 pandemic....

China Bans Banks from Selling Depository Products via Third Party Online Platforms

Beijing has issued a new directive which further steps up pressure on the sale of depository products via online fintech platforms, after...