Thursday, March 23, 2023
Tags China

Tag: China

Wanda’s Wang says UnionPay answers internet doubts

Dalian Wanda Group Co. and China UnionPay are planning to collaborate on mobile payment apps. Read more:

A year after launch, Apple Pay finds limited traction in China

Apple Pay is now dominating its home country, the US, but the same can’t be said of China where it is up against a different set of challenges. Read more:

China to lead the way for blockchain usage

Industry experts have said that China is set to lead the way with the use of blockchain as it reinforces the development of digital intelligent services. Read more:

In FinTech, China shows the way

Advanced technology, backward banks and soaring wealth make China a leader in FinTech. Read more:

Jack Ma’s playbook for Ant Financial’s global expansion

Valued at an estimated $60bnn ahead of a possible IPO this year, Ant Financial is now on a streak of overseas deals. Read more:

China’s bitcoin traders find new ways to trade after clampdown

China’s central bank has stepped up oversight of bitcoin exchanges this year, leading major trading platforms to impose halts on withdrawals. Read more:

We shouldn’t “kill” bitcoin but regulate: Bank of China governor

L H Li, the former governor of Bank of China, stated that the Chinese central bank should try to regulate Bitcoin rather than attempting to stop adoption. Read more:

China’s bitcoin exchanges impose fees

Smaller competitors moved to impose or increase trading fees yesterday in the wake of a meeting with the People's Bank of China, China's central bank. Read more:

Ant Financial raising $3bn in debt for M&A deals

Ant Financial, the parent of China’s largest online payment service, is seeking to raise less than $3bn in debt to fund its acquisitions. Read more:

Chinese central bank warns bitcoin exchanges, again

In a public announcement today, the People’s Bank of China (PBOC) has revealed its warning toward nine local bitcoin exchanges operating in the country. Read more: