The Chinese government braced for additional economic turmoil, took steps to bolster its lagging economy and activated new safety measures as the coronavirus epidemic spread...
China’s central bank, the People’s Bank of China (PBOC), said it has completed the “top-level” design of its proposed digital currency, according to reports. Get...
The central bank in China said it has accepted an American Express application to start working in the country, according to a report by Reuters....
The People’s Bank of China said that China’s cryptocurrency, the digital yuan, will not need a currency basket to keep its value, according to a...
Chinese tech titans Alibaba and Tencent are spurning the government’s private credit-scoring protocol by restricting access to customer data, The Financial Times reported on Thursday...
In China, the central bank has said it will present a three-year plan to develop the domestic FinTech sector. Elsewhere in Asia, Fujitsu is helping...
Baoshang Bank, based in Inner Mongolia, will be taken over by China’s banking and insurance regulator over critical credit risks, according to a report by...
The People’s Bank of China (PBOC) announced that it is planning to steadily develop a system of rules to regulate financial technology (FinTech) in the...