Sunday, April 18, 2021
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Tag: United States

Fintech

Tencent Has Ambitions to Expand WeChat Pay’s US Presence

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Chinese internet giant Tencent is intent on expanding the presence of its payments vehicle WeChat Pay in the US market despite escalating Sino-US trade...
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Economy

Trade War Is the Wrong Prescription for Sino-US Relations: China’s Foreign Minister

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The head of China's Ministry of Foreign Affairs has sought to assuage concerns about the possibility of a trade war with the United States. Addressing...
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Banking

Chinese Retail Sales on Track to Match America’s in 2018

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A new report indicates that retail sales in China are likely to match or even exceed those of the United States in 2018, in...
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Most Read

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

Economy CBNEditor - 0
China has seen a surge in foreign investment in the first quarter of 2021 compared to the same period in 2020, with...
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China’s Q1 GDP Surges 18.3% YoY, Two Year Average Growth Rate at 5.0%

Economy CBNEditor - 0
Chinese GDP in the first quarter of 2021 has seen a surge compared to the same period last year, given the low...
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MLF Rates Remain Unchanged for 13th Consecutive Month as Chinese Monetary Policy Stresses Stability

Banking CBNEditor - 0
The Chinese central bank's open market operations (OMO) have kept the rate for medium-term instruments unchanged for over a year, with analysts...
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PBOC Reiterates Commitment to Anti-trust Enforcement in Chinese Payments Sector, Development of Cross-border Payments

Fintech CBNEditor - 0
The Chinese central bank has stressed its commitment to enforcing anti-trust measures in China's payment sector, as well as efforts to improve...
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