… s authorities for its popular WeChat app to replace travel documents on border crossings between Hong Kong and China, the technology giant said on Wednesday. Tencent demonstrated its proposed “Scan-WeChat-to-cross-border” procedure at the border…
Monthly Archives For June 2018
Air China resumes flights between Beijing and Pyongyang
SHANGHAI (Reuters) – State carrier Air China will resume regular flights between Beijing and Pyongyang on Wednesday, a company official said, as diplomatic relations improve between China and North Korea. China’s flag carrier indefinitely suspended…
Rubique wins Asian Banker ‘Beijing Financial Innovation Showcase and Competition 2018’
The Beijing Financial Innovation Showcase and Competition is an international competition where leading financial technology players from China and across the globe showcase their skills and solutions. Rubique Technologies Pvt Ltd, a digital financial ……
China seems ‘worried’ about Malaysia’s new leadership, and a suspicious $2 billion deal could be the first sign of trouble
Euan Graham, the director of the Lowy Institute’s international-security program, told Business Insider after the election that Beijing was most likely nervous about Mahathir taking office. “Would China be happy with the result?” Graham said.…
Air Canada, Air China sign agreement to boost co-operation on Canada-China flights
MONTREAL – Air Canada and Air China have signed a joint venture agreement that will increase co-operation on flights between Canada and China and on key connecting domestic flights in both countries. The airlines say…
Australian winemakers press prime minister to end rift with China
SYDNEY (Reuters) – Australian winemakers on Wednesday urged Prime Minister Malcolm Turnbull to visit China to resolve diplomatic tension blamed for trade obstacles that have raised concerns for an export market expected to top A$1…
Beijing may have removed missiles from disputed South China Sea island
Hong Kong (CNN)Beijing may have removed missile systems from a disputed island in the South China Sea even as it accused the US of sending “attacking weapons” to the region. The deployment of a number…
China says not scared after reported U.S. bomber trip over South China Sea
where China, Taiwan, Vietnam, Malaysia, Brunei and the Philippines all have competing claims. Speaking at a daily news briefing, Chinese Foreign Ministry spokeswoman Hua Chunying said she hoped the United States could clarify whether it…
China makes further progress in risk crackdown as trust firms’ assets fall
BEIJING (Reuters) – Regulators in China are making further progress in reducing risks to the financial system, according to fresh figures on Wednesday that showed a drop in assets in the trust industry, which is…
Chinese Central Bank Develops Blockchain System to Digitize Paper Checks
The People’s Bank of China (PBoC) has revealed a blockchain-powered system to digitize paper checks, local media Financial News reports June 5. The system aims combat financial fraud as well as reduce expenses for printing…
China c.bank injects net 203.5 bln yuan with hefty 1-yr MLF rollover
SHANGHAI, June 6 (Reuters) – China’s central bank lent 463 billion yuan ($72.43 billion) to financial institutions on Wednesday via its 1-year medium-term lending facility (MLF), with interest rates unchanged, it said in a statement.…
GEOSWIFT LAUNCHEs GEOREMIT AT MONEY 20/20 EUROPE TO STREAMLINE P2P MONEY TRANSFERS INTO CHINA
GeoRemit will help consumers swiftly and securely transfer money to 90% of Chinese bank accounts, both debit and credit, in RMB, by utilising Geoswift’s network of banks in China. In most countries, remitting money domestically…
Is A Natural Gas Pipeline Between Alaska And China Realistic?
However, the only news the delegation brought home was that Sinopec and Bank of China were still interested in the project. This declaration of interest is hardly worth a headline, but one outtake from the…