The People's Bank of China and the HKMA launched the Payment Connect yesterday, according to the HKMA's recent press release.

Beijing Quantum firm QBoson, the Postal Savings Bank of China and China Mobile jointly designed a quantum algorithm-based bank teller scheduling solution. QBoson’s quantum computer conducted a full ...

This article was originally published by ProPublica , a Pulitzer Prize-winning investigative newsroom. Brian Maloney Jr was ...

A consumer withdraws money at an ATM of Shanghai Pudong Development Bank Co Ltd in Shanghai. [Photo provided to China Daily] With the rapid growth of mobile payments in China, the number of automatic ...

In all, a total of 27.65 billion yuan of bank bills in 26 tranches was issued for poverty alleviation. China's commitment to poverty alleviation via economic reforms that have the tendency to improve ...

In a significant stride toward practical quantum computing, a Chinese startup has successfully deployed its superconducting quantum processor to improve the accuracy of breast cancer screenings, ...

China's tech giants JD.com and Alibaba affiliate Ant Group are urging the central bank to authorise yuan-based stablecoins to ...

Pan Gongsheng, governor of the People’s Bank of China, called for an international monetary system in which “sovereign ...

In his wildest dreams, Chinese leader Xi Jinping and his designs on currency domination couldn’t have imagined a better foil ...