Postal Savings Bank of China

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Chinese province floats new use for digital yuan: paying long-delayed debts

China is mulling the application of its digital yuan – the central bank-backed currency also known as the e-CNY –…

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New Business

Profitability pressure grows for China’s state banks amid low rates, poor loan demand

China’s top banks face continued pressure, as a slowing economy, lower interest rates and weak loan demand weighed on first-half…

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