Russia is also rushing to set up alternative payment systems, including crypto, to facilitate trade. Russia and China are ...

China has released an action plan to promote the use of the yuan and its own payment system in international trade, as it seeks to reduce its dependence on the dollar amid an escalating trade war ...

As Chinese President Xi Jinping toured Southeast Asia this month to forge closer ties against higher U.S. tariffs, the People's Bank of China was seizing a moment of confusion and disruption in global ...

This ruling confirms what developers have argued for years—that Apple’s restrictive policies suppress innovation rather than ...

but the system and language barriers remain daunting. “I can’t imagine how a foreigner who doesn’t have Chinese payment tools and doesn’t speak the language can deal with all this,” said ...

Tencent is considering bringing its palm biometrics scanning to Thailand in what would be a significant expansion of the ...

Major Russian banks have set up a netting payments system dubbed "The China Track" for transactions with China, aiming to ...

In Eastleigh, a sprawling commercial hub northeast of the Kenyan capital Nairobi, traders have established a localised system for ... for sale. Chinese sellers receive payment directly from ...

SHANGHAI, April 22, 2025 (GLOBE NEWSWIRE) -- Under the guidance of The People's Bank of China (PBOC ... the Area of Financial Innovation and Payment Systems, agreeing to collaborate on payment ...

China's central bank announced steps this ... The PBOC also pledged to strengthen its homegrown cross-border yuan payment system CIPS, and push forward with the application of blockchain - the ...

Exclusive-'China Track' Bank Netting System Shields Russia-China Trade From ... with China hit a record $245 billion last year despite payment problems and commissions running as high as 12% ...