Friday, April 23, 2021
Tags Facebook China

Tag: Facebook China

Libra Won’t Succeed, Chinese Central Bank Will Be First to Launch Statutory Digital Currency: Top Chinese Politician

A leading Chinese politician has stated publicly that he does not expect Facebook's proposed Libra digital currency to prove a success.

Libra Could Signal Emergence of Globalised Hard Currency: Zhou Xiaochuan

The former head of the Chinese central bank says that Facebook's plans to launch its own cryptocurrency in the form of Libra...

People’s Daily Asks if Facebook’s Libra Will Open a Pandora’s Box

The official newspaper of the Chinese Communist Party has expressed strident concern over Facebook's plans to launch its own cryptocurrency in the...

Libra Will Be a Shock for Existing Financial and Monetary System: China’s National Institute of Financial Research

The head of one of China's leading financial and economic think tanks has expressed concern about the potential impacts of Facebook's plans...

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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...