People’s Bank of China

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China Hits Ant Group with $985 Million Fine

China Hits Ant Group with $985 Million FineAfter nearly three years of regulatory scrutiny, the fine is seen as a sign that Beijing is wrapping up its crackdown on technology firms. Powered by WPeMatico http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Claire Fu

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China Charges Ahead With a National Digital Currency

China Charges Ahead With a National Digital CurrencyThe electronic Chinese yuan is now being tested in cities such as Shenzhen, Shanghai and Beijing. No other major power is as far along with a homegrown digital currency.http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Nathaniel Popper and Cao Li Powered by WPeMatico

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