Tags China

Tag: China

Alibaba sells half its stake in India-based payments company Paytm

Chinese e-commerce giant Alibaba has reportedly sold half of its position in India-based payments company Paytm.

Privacy concerns could lead US to ban TikTok from government devices

A spending bill unveiled by the US Congress could ban TikTok from most US government devices, Security Week has detailed.

UnionPay launches QR code payment in Europe through epay

Card payment network UnionPay has partnered with full-service payment provider epay to launch UnionPay’s QR code payment service in Europe.

What is the difference between onshore and offshore renminbi?

With China now being the world’s second largest economy, the renminbi has become a currency of great interest and value. What are the differences between onshore and offshore renminbi?

Chinese authorities introduce draft law on financial stability

Chinese authorities have unveiled a draft law on financial stability which has been open for public opinion since last week.

China blames US for ‘tens of thousands’ of cyberattacks

China has accused the US of launching ‘tens of thousands’ of cyberattacks on China and thieving troves of sensitive data, according to Security Week.

China approves its first carbon-neutral exchange traded funds

Chinese authorities have approved the country’s first carbon-neutral exchange traded funds (ETFs) following efforts by regulators to drive green finance growth.

China endorses plan to strengthen FinTech regulations

President of China Xi Jinping has officially approved a plan to standardise and develop regulations for the FinTech sector, MarketWatch has reported.

Could 2022 be the year of the CBDC?

With the rise of cryptocurrencies showing no signs of slowing down, the growth of central bank digital currencies (CBDC) appears to be another trend on the ascendancy. Will 2022 prove to be a red-letter year for CBDC adoption?

Chinese regulator calls on banks, insurers to develop pension financial services

The China Banking and Insurance Regulatory Commission (CBIRC) has said banking and insurance firms should strengthen investment management of pension funds.

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