IntroductionChina’s Digital Yuan (e-CNY) is increasingly being used for cross-border transactions, reflecting the country’s push to internationalize its central bank digital currency (CBDC). According to the People’s Bank of China (PBOC), cross-border e-CNY transactions reached $1.2 billion in Q3 2025, a 35% increase
IntroductionChinese fintech firms are securing new rounds of capital as Beijing eases regulatory pressure on the technology sector. After years of scrutiny that slowed growth and limited investment, reforms are now creating a more favorable environment for digital finance companies. The renewed fundraising
IntroductionThe Industrial and Commercial Bank of China (ICBC), the world’s largest commercial bank by assets, has launched an 80 billion yuan fund to accelerate technology innovation. The initiative is designed to support strategic sectors including artificial intelligence, semiconductors, green energy, and advanced manufacturing.
IntroductionAnt Group, the fintech giant backed by Jack Ma, has announced new initiatives to expand into global cash management services using artificial intelligence. The company, best known for Alipay, is positioning itself as a cross border financial technology leader at a time when
