Friday, April 23, 2021
Tags Digital yuan

Tag: Digital yuan

Interview with PIIE Senior Fellow Martin Chorzempa on the Launch of China’s Digital Renminbi

China Banking News recently spoke to Martin Chorzempa, a senior fellow at the Peterson Institute for International Economics and an expert on...

Beijing Will “Strive” to Achieve Digital Renminbi Breakthroughs, New Free Trade Zone to Have Digital Focus

The Beijing municipal authorities say that the digital economy will be a key focal point for the city's upcoming free trade zone....

Xiong’an New Area to Trial Use of Digital Renminbi for Cross-border Payments

The Xiong’an New Area in Hebei Province has unveiled plans to explore the use of the digital renminbi (central bank digital currency...

China Construction Bank Temporarily Launches Digital Renminbi Wallet

One of China's big six state-owned banks has provided the world with a brief glimpse of what wallets for China's digital renminbi...

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Chinese Banking Sector Assets up 9.2% YoY at End of First Quarter, NPL Ratio Edges Lower

The total assets of the Chinese banking sector saw an increase of over 9% at the end of the first quarter of...

20 Chinese Companies Pursue US Listings in First Quarter of 2021, Funds Raised Surge over 10-Fold Despite Sino-US Tensions

The first quarter saw a precipitous surge in funds raised by Chinese companies opting to list in the US, despite ongoing tense...

National Fiscal Revenues in China Rise over 24% in First Quarter

China's national fiscal revenues surged in the first quarter of 2021, as the economy continues to recover from the initial impacts of...

Singapore’s DBS Bank Plans to Grab Biggest Stake in Leading Shenzhen Lender

Singaporean multinational lender DBS Bank has unveiled plans to acquire over a tenth of equity in a major lender in the Shenzhen...