China

The list below is a collection of articles that refer to, mention or discuss China.

Banned Bitcoins

Banned Bitcoins

The bitcoin has been a hot topic across the board, from technology to finance, but it may now be losing momentum after it has shockingly been banned from China. The Chinese central bank announced that trading bitcoins will be banned from Thursday onwards. The virtual currency has been linked to a number of illegal online … Read more

Yuan beats euro to become second most popular currency for trade finance

China’s yuan has overtaken the euro to become the second most popular currency in trade finance, it has been revealed. The Belgium-based global transaction services platform SWIFT said the market share of yuan used in trade finance (something also termed Letters of Credit and Collection) increased to 8.66% in October 2013 – improving from its … Read more