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The Limits Of Cashless Payments In China

Beijing has sought to develop a strong digital financial services industry undergirded by domestic tech and banking giants. ....

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China Fines Businesses For Refusing Cash Payments In A Bid To Be More Tourist-Friendly

China's booming cashless payments are a boon for some but a hurdle for tourists. The country is scrambling to bridge the gap as tourism recovers. ....

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It's so tough to pay cash in China that the government had to fine a KFC for not accepting banknotes

It's so tough to pay cash in China that the government had to fine a KFC for not accepting banknotes
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So Tough to Pay Cash in China That It Fined a KFC for Not Taking Notes

China has been pushing for businesses to leave the door open for customers to use cash, with foreigner visitors saying they're struggling to spend. ....

Inner Mongolia , Nei Mongol , China Post , New China Life Insurance , Yum China ,

Exclusive-Chinese regulators ask large banks to step up support for Vanke, sources say

HONG KONG/SHANGHAI/BEIJING (Reuters) -Chinese regulators recently met financial institutions to discuss state-backed property developer China Vanke where they asked large banks to enhance financing support and asked private debt holders to discuss maturity extension, two sources said. The sources with direct knowledge of the matter said the financial institutions were asked to make progress quickly, and that the State Council - China's cabinet - is coordinating effort related to supporting China Vanke. ....

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