KUALA LUMPUR, Nov. 8 (Xinhua) — The Malayan Banking (Maybank), a Malaysian bank, on Wednesday announced the expansion of its cross-border QR Pay service to China.
Maybank said in a statement that thi
Tag: transactions
Interview: BRI epitome of collective cooperation for building favorable future: Tehran mayor
TEHRAN, Oct. 24 (Xinhua) — The Belt and Road Initiative (BRI) makes a good example of collective cooperation for building a favorable future for nations, said Alireza Zakani, mayor of the Iranian cap
Commentary: China\’s economy disappoints naysayers again
This photo taken on Oct. 17, 2023 shows a decoration for the third Belt and Road Forum for International Cooperation near the China National Convention Center in Beijing, capital of China. (Xinhua/Che
Chinese first-tier cities witness sizzling market amid eased mortgage lending rules
The real estate markets in China\’s first-tier cities have seen an extraordinary resurgence over the weekend after the metropolises comprehensively relaxed their criteria for \”first-time homebuyers\” to
Chinese currency gains popularity amid rising trade ties with Kenya: official
NAIROBI, Aug. 2 (Xinhua) — The Kenya Bankers Association (KBA) said Wednesday that the Chinese currency renminbi, or the yuan, is gaining popularity among commercial lenders due to the rising Sino-Ke
VR techniques help with stroke rehabilitation: Chinese researchers
A man tries a virtual reality device at the 18th China (Shenzhen) International Cultural Industries Fair in Shenzhen, south China\’s Guangdong Province, Dec. 29, 2022. (Xinhua/Mao Siqian)
BEIJING, Aug.
Dedollarization is here, like it or not: expert
Photo taken on March 23, 2020 shows a U.S. dollar banknote in Washington D.C., the United States. (Xinhua/Liu Jie)
Countries, particularly those in the Global South, are reducing their U.S. dollar res
Chemical company BASF strives for bigger market share in China
FRANKFURT, April 27 (Xinhua) — German chemical company BASF said on Thursday that it would redouble efforts to strengthen its presence in China.
Speaking at a meeting in Mannheim, BASF CEO Martin Bru
Nation to expand financial sector\’s opening-up
China will further expand the high-level opening-up of its financial sector and advance institutional opening-up with regard to rules, regulations, management and standards, officials and financial ex
China seeks public opinion on draft regulations on derivatives
BEIJING, March 17 (Xinhua) — The China Securities Regulatory Commission on Friday issued a set of draft management regulations on the supervision of derivative transactions to solicit opinions on it