Digital Currency

China Digital Currency News - Caixin Global

While the Chinese government is concerned about the uncertain impact of Facebook's blockchain-based Libra, the PBOC is preparing to roll out its own digital currency soon.

In Depth: Facebook’s Cryptocurrency Ambition

Proposed Libra currency would start with a huge platform but still face regulatory doubts and management questions

07 16, 2020 19:52 PM

Caixin Insight: GDP Growth Beats Expectations

Bull market hype, DCEP trials expand to Didi and Meituan

07 16, 2020 04:30 AM

China Plans to Test Digital Yuan on Food Delivery Giant’s Platforms

Meituan Dianping is in talks with central bank on joining Didi Chuxing and Bilibili in exploring applications for the government’s planned virtual currency

07 09, 2020 20:09 PM

Caixin China Biz Roundup: The Loophole Feeding China’s Ballooning Credit Card Debt

In today’s episode: the murky world of “cash out services”; Harvard University and MIT gear up for a legal battle against U.S. immigration authorities over new student visa policy; and ride-hailing giant Didi collaborates with central bank on a digital currency trial

07 09, 2020 19:41 PM

China Business Digest: Tech Stock Surges 10-Fold on STAR Market Debut; Foreign Minister Calls for ‘Tough Issues’ Talks With U.S.

Kangmei’s controlling shareholder is placed in custody after the drugmaker’s $12.6 billion reporting fraud; PICC’s 2nd-largest holder to sell down stake

07 09, 2020 04:09 AM

Didi Partners with Central Bank on Digital Currency Trial

Ride-hailing giant joins growing list of banks and companies testing PBOC’s digital yuan in real-life scenarios with development project underway since 2014

07 08, 2020 21:16 PM

China Business Digest: Didi to Test China’s Homegrown Digital Currency; Harvard, MIT Sue Immigration Authorities on New Student Visa Rules

Blued dating app operator shares soar on Nasdaq debut; Ant Financial plans a Hong Kong IPO; ex-wife of embattled Jia Yueting hit with travel ban over debt

07 02, 2020 17:22 PM

Opinion: Hainan Will Be Its Own Thing, Not Another Hong Kong

Discount e-commerce specialist’s rapid rise is built on strategy of targeting less-affluent consumers with strong social elements like group buying and games

06 30, 2020 03:04 AM

China Crypto Miner Ebang Plans to Start Bitcoin Exchange in 2020

After raising $100 million in U.S. IPO Friday, Ebang moves to launch offshore digital exchange in diversification step that may ease wild volatility of crypto currency

06 24, 2020 18:25 PM

Caixin Insight: CSRC Chief Signals Support for Joint Inspections of Listed Companies

A positive sign for Chinese firms on U.S. exchanges amid rush for the exits, plus comments from the Lujiazui forum

06 19, 2020 13:59 PM

Caixin Summer Summit 2020: Restoring Global Confidence (Video)

The Caixin Summer Summit is Caixin’s mid-year conference, held this year to pro-mote international cooperation, support each other during this difficult time and share opportunities for future cooperation.(Jun 21)

06 18, 2020 21:03 PM

China Business Digest: China and U.S. Hold ‘Constructive’ Talks in Hawaii; CSRC Chief on U.S. Regulators’ Access to Audits of Chinese Firms

Chances of big new China stimulus appear slim; Covid-19 surge in Beijing comes under control; JPMorgan to operate first fully foreign-owned futures venture

05 26, 2020 15:05 PM

China Plans to Revise Law Governing the Central Bank This Year

Some legislators have reportedly suggested the central bank strengthen its role in risk management and policing of financial institutions

05 04, 2020 13:36 PM

China’s Taste for Thai Durians Undiminished by Coronavirus

Cultivation of the ‘king of fruits’ soars to satisfy world’s largest importer

05 02, 2020 16:00 PM

In Depth: China’s Recovery From Coronavirus Epidemic Better Than Expected, PBOC Chief Says

Yi Gang talks about the economy, digital currencies and market opening at a recent Caixin Roundtable

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