china

China, officially the People's Republic of China, is a country in East Asia and the world's most populous country, with a population of around 1.404 billion in 2017. Covering approximately 9,600,000 square kilometers, it is the third or fourth largest country by total area.

CBDC Weekly: BIS Says 90% Central Banks Exploring Digital Currency; Call to Slow Down Digital Rupee; Philippines Plans Q4 Pilot of Wholesale CBDC

CBDC Weekly: BIS Says 90% Central Banks Exploring Digital Currency; Call to Slow Down Digital Rupee; Philippines Plans Q4 Pilot of Wholesale CBDC
CBDC Weekly: BIS Says 90% Central Banks Exploring Digital Currency; Call to Slow Down Digital...
May 09, 2022  |  CBDC

Nine out of 10 central banks surveyed by the Bank for International Settlements (BIS) said that they are at least exploring a central bank digital...

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After Stunning Expansion, China’s Community-Buying Industry Quickly Contracts
After Stunning Expansion, China’s Community-Buying Industry Quickly Contracts
May 09, 2022  |  eCommerce

The richest Chinese tech giants have put the breaks on community buying, a process where tech giants facilitate the traditional practice of neighbors pooling money...

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Tech Startups Seeking US Funding Could Be Vetted After Pentagon Uncovers Chinese Exploitation
Tech Startups Seeking US Funding Could Be Vetted After Pentagon Uncovers Chinese Exploitation
May 08, 2022  |  Startups

Congress may command government agencies to vet tech startups looking for federal funding in the near future, according to a Wall Street Journal (WSJ) report...

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China, Russia Central Banks to Discuss National Payment Systems
China, Russia Central Banks to Discuss National Payment Systems
May 06, 2022  |  Digital Payments

The central banks of Russia and China are set to discuss the use of the two nation’s national payment systems in both countries. Get the...

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Chinese Tech Firms Quietly Moving Business From Russia
Chinese Tech Firms Quietly Moving Business From Russia
May 06, 2022  |  Cross-border Payments

While China has said it would sit out sanctions against Russia over its invasion of Ukraine, many of the country’s tech firms have begun backing...

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SEC Probes Didi’s US IPO
SEC Probes Didi’s US IPO
May 03, 2022  |  IPO

The U.S. Securities and Exchange Commission (SEC) will be examining the public offering from Didi in the U.S., Bloomberg writes. Get the Full Story Complete...

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China’s Tech Regulatory Spree May Have Unintended Consequences
China’s Tech Regulatory Spree May Have Unintended Consequences
April 29, 2022  |  Cross-border Payments

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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WeBank’s New Brand, WeBank Blockchain, to Promote ESG Strategies
WeBank’s New Brand, WeBank Blockchain, to Promote ESG Strategies
April 27, 2022  |  Blockchain

WeBank, the Chinese digital bank, announced its new brand, WeBank Blockchain, which will develop financial infrastructure and blockchain technology to promote environmental, social and governance...

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