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Tuesday, November 24, 2020
Tags SWIFT

Tag: SWIFT

Over a Dozen Chinese Banks Leap On Board SWIFT Global Payments Initiative

A slew of Chinese banks have opted to join a global initiative for quicker and more transparent cross-border payments launched by international payments organisation SWIFT in...

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JDD and Tencent Hail Digitisation as Key Driver of Chinese Economy Post COVID-19

China's online tech giants point to digital transformation as a primary driver of economic growth and recovery in the wake of the...

Chinese Commercial Banks Issue Nearly 600B Yuan in Tier-2 Capital bonds as Smaller Lenders Continue to Face Pressure

Commercial banks in China have stepped up efforts to replenish their capital levels via bond issuance since the start of 2020.

Digital Renminbi Will Break Big Data Monopolies, Replace All Forms of Traditional Money: Bank of China Senior Exec

A former senior executive with one of China's big six state-owned banks has highlighted the major impacts that the digital renminbi will...

China’s Per Capita Income to Leap 56 Places in Global Rankings by 2025, Exceed USD$25,000

China's global ranking in terms of per capita incomes is expected to surge over the next half-decade according to data from Bloomberg...