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China's non-cash payments post steady growth in Q1

Non-cash payments, involving bank cards, electronic payment vehicles, commercial papers, credit transfers and other settlements, stood at 1,149.85 trillion yuan ($170 trillion) in Q1

time:
2022-08-07 22:29:02
views:
60633

China's new yuan loans at 2.81t yuan in June

The M2, a broad measure of money supply that covers cash in circulation and all deposits, increased 11.4 percent year on year to 258.15 trillion yuan at the end of last month

time:
2022-07-11 21:08:48
views:
57710

Chinese listed firms pay more cash dividends in 2021: association

China's A-share listed firms proposed cash dividends of over 1.5 trillion yuan ($225 billion), up 1.4 percent and 13.6 percent compared with actual dividends paid in 2020 and 2019, respectively

time:
2022-06-04 22:18:32
views:
18958

Nation to expand cash-pooling service to more MNCs

China's monetary authorities are planning to expand the cash-pooling service of integrating domestic and foreign currency accounts to more multinational companies

time:
2022-05-20 17:00:31
views:
53187

Finding new methods to value net-based firms

The traditional discounted cash flow or DCF model, which is widely used by industry experts to arrive at the right valuations, may not work in the case of US-listed Chinese companies

time:
2022-05-09 22:57:38
views:
52964

PBOC announcement to help keep economic growth stable

a cut in the amount of cash that banks must hold as reserves, which is expected to free up 530 billion yuan ($82.95 billion) in long-term liquidity

time:
2022-04-19 22:50:29
views:
46157

China's non-cash payments post steady growth in 2021

The non-cash payments handled by Chinese banks maintained steady growth last year, with mobile payments sustaining growth momentum, according to a central bank report.

time:
2022-04-04 23:10:39
views:
53334

Notes, coins hanging on with some demographics

China may roll out more legislative and administrative measures to improve renminbi cash services in a bid to meet still buoyant demand for cash use by certain demographics

time:
2022-02-26 23:58:36
views:
55264

Economic Watch: Relief policies offer hope to cash-strained small businesses

China's cabinet urged a raft of new relief policies earlier this week, which has offered a glimpse of hope for smaller businesses to grapple with cash crisis

time:
2022-02-20 23:10:02
views:
61308

China's Non-Cash Payments Top 4,000 Trillion Yuan in 2020

time:
2021-03-28 13:47:00
views:
29931

China Pilots Cash-Pooling Service Integrating Local, Foreign Currency Management

time:
2021-03-14 15:12:00
views:
20558

PBOC to Punish Those Who Refuse Cash in Transactions

time:
2020-12-16 10:21:00
views:
25192

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