Tuesday, December 1, 2020
Tags Xiongan New District

Tag: Xiongan New District

Starbucks, Subway and McDonald’s to Participate in Trials of China’s Central Bank Digital Currency in Xiong’an

Starbucks features on the list of companies that will participate in trials of China's proposed central bank digital currency (CBDC) in the...

Xiong’an New Area to Launch 7.9B Yuan in Major Infrastructure Projects

The newly established urban district of Xiong'an has just unveiled a new round of municipal infrastructure projects.

Big Banks Vie for a Piece of Xiongan New District

Leading financial institutions are competing for footholds in the Xiongan New District, an urban area which is set to be three times the size of New...

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Chinese Banks Suspend Trading of Gold and Platinum Due to Concerns over Post-US Election Price Plunge

A slew of leading Chinese banks have announced the suspension of trading of gold and platinum due to concerns over market volatility...

Kuaishou Could Acquire Payments License, Joins Ranks of Chinese Tech Giants Making Forays into Finance

Chinese video-sharing platform Kuaishou could be preparing for a foray into the fintech sector by grabbing a payments license via the acquisition...

Bank of China Forecasts 7.5% GDP Growth for China in 2021

Big state-owned lender Bank of China (BOC) has issued a rosy forecast for Chinese GDP growth in 2021 following efforts to contain...

Chinese Central Bank Undertakes 200B Yuan in MLF, 150B Yuan in Reverse Repos on 30 November

The People's Bank of China (PBOC) has announced that it undertook 200 billion yuan in medium-term lending facility (MLF) operations and 150...