China Proposes Tough Daily Online Payment Caps
China’s central bank has controversially proposed to cap daily internet payments made through third parties, …
Weekly News In Brief: July 31, 2015
China Lottery Suffers First Half-Yearly Drop Since 2008
Chinese lottery sales fell 8 percent in the first half of the year compared with …
Regulatory Barriers Hold No Fear For Unleashed $50bn ‘Gorilla’ PayPal
PayPal is targeting regulatory immature but potentially enormous markets such as China, India, and Ukraine, …
China’s Central Bank Issues Official Online Payment Guidance
China’s central bank has published official guidelines for fund transfer businesses and peer-to-peer lenders, as …
Regulation Looms As Loan Sharks Circle China’s Online Lenders
China’s central bank is to toughen up on peer-to-peer (P2P) lending as the industry is …
China’s Ambitious New Payment Project Pared Back Again
China’s much anticipated international payment system has hit another roadblock, potentially threatening to delay uncleared …
Baha Mar Contractor Fires Back Over Resort’s Bankruptcy
A Chinese contractor has accused the developer of Caribbean resort Baha Mar of being “misleading” …