Thursday, February 25, 2021
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China’s Third Party Payments Sector Sees Boom in Cross-border Transactions

China's third party payments sector has seen a surge in the volume of cross-border transactions, with industry observers expecting robust growth going ahead as...

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China Hopes to Stabilise Foreign Trade in 2021 via E-commerce and Restored US Relations, Mulls Joining CPTPP

The Chinese Ministry of Commerce (MOFCOM) says the stabilisation of foreign trade and investment levels is a critical policy priority in 2021,...

Assets of China’s Central State-owned Enterprises Breach USD$10 Trillion Threshold During 13th Five Year Plan

China's State Council has hailed the "high quality" growth of state-owned enterprises (SOE) under the control of the central government during its...

People’s Bank of China Teams up with Other Central Banks on Research into Digital Currencies

The People's Bank of China (PBOC) is teaming up with its counterparts in a slew of other jurisdictions to work together on...

COVID-19 Is Driving Internationalisation of the Renminbi, Foreign Investment in Chinese Financial Assets: PBOC

A senior official from the People's Bank of China (PBOC) says that the COVID-19 pandemic in tandem with ongoing efforts by Beijing...