Monday, April 19, 2021
Tags Libra China

Tag: Libra China

Now’s not the Time for Global Stablecoin: Chinese Central Bank Official

A senior official from the People's Bank of China (PBOC) says that the time isn't yet ripe for the release of a...

Libra and PBOC Digital Currency Show Difference in Chinese and US Approaches to Fintech – Interview with Nicholas Krapels

Part Two of a Two Part Interview with Nicholas Krapels, Blockchain Lead at Konstellation In...

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.

Tencent Says Libra Could Deal Crushing Blow to Chinese Payments Giants

Chinese internet titan Tencent has expressed concern about the potential for Facebook's proposed Libra cryptocurrency to destroy the dominance of China's incumbent...

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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Actually Used Foreign Investment in China Rises Nearly 40% in First Quarter, New Foreign Invested Enterprises up 47.8%

China has seen a surge in foreign investment in the first quarter of 2021 compared to the same period in 2020, with...

China’s Q1 GDP Surges 18.3% YoY, Two Year Average Growth Rate at 5.0%

Chinese GDP in the first quarter of 2021 has seen a surge compared to the same period last year, given the low...

MLF Rates Remain Unchanged for 13th Consecutive Month as Chinese Monetary Policy Stresses Stability

The Chinese central bank's open market operations (OMO) have kept the rate for medium-term instruments unchanged for over a year, with analysts...

PBOC Reiterates Commitment to Anti-trust Enforcement in Chinese Payments Sector, Development of Cross-border Payments

The Chinese central bank has stressed its commitment to enforcing anti-trust measures in China's payment sector, as well as efforts to improve...