China Banking Research

Apr

China’s central bank digital currency DCEP pilot launches

Finally after all the discussions about China’s central bank digital currency, we’re getting close to the actual launch as the platform goes into pilot.

Feb

China Banking Research

Will Financial Services Community Cloud Slow Down China’s Fintech Ambitions?

China has demonstrated a willingness to innovate in the financial services technology sector. For example, the Chinese government has announced accelerated plans for a Central Bank Digital Currency (CBDC), the People’s Bank of China (PBOC) has filed scores of CBDC patents and fintech initiatives like Baidu’s Xuperchain network have been introduced to great…

Feb

China Banking Research

Why is Tencent investing in European fintechs?

Tencent is stepping up its fintech investments outside of China, where it and Alibaba’s fintech arm Ant Financial effectively have a market duopoly. One approach for Tencent is direct expansion – the launch of WeChat Pay in international markets. That’s a good idea in any country frequented by Chinese tourists…

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