China’s renewed push for yuan internationalization is aimed at multipolarity, rather than replacing the dollar as the preeminent global currency, said Teneo.

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 ...

With the rapid growth of mobile payments in China, the number of automatic teller machines or ATMs shrank by more than 80,000 in the whole year of 2020, ... according to data from the central bank.

From expanding investment channels to building digital infrastructure, Beijing has been laying the groundwork to promote ...

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

At a finance forum in Shanghai, the head of China's central bank, Pan Gongsheng, pledged to expand the reach of the digital ...

(MENAFN- Asia Times) TOKYO – US Treasury Secretary Scott Bessent should be careful what he wishes for when he demands that the International Monetary Fund be a“brutal truth teller” on China.

If you've ever tried to pay with cash in China and been met with a blank stare — or worse, held up a line while the cashier scrambled for change — you're not alone. In 2025, digital payments ...

A bank teller pleaded guilty in federal court to taking over $180,000 from a TD Bank branch in Boston. He faces up to 30 years in prison. The former sandwich maker blew most of the money gambling.

A teller counts and arranges dollar notes at an Agricultural Bank of China branch in Qionghai, Hainan province. [Photo/China Daily] BEIJING - China's commercial banks saw a forex settlement ...