China’s central bank explores stablecoins for cross-border payments despite crypto ban. This follows US moves to regulate and promote dollar-backed stablecoins.

Bank of China has stable funding. The company's deposits represent nearly 77% of total liabilities, about 40% of which are kept as low-cost demand deposits. Both ratios remained relatively steady over ...

The adoption of new capital rules since 2024 has boosted ABC's total capital adequacy ratio and core Tier 1 ratio to 18.19% and 11.42%, respectively, in 2024. Such levels are higher than the 11.5% and ...

China faces growing calls from policy advisers and economists to explore using stablecoins for cross-border payments, as the ...

The Asian Development Bank was trying "very hard" to accommodate US concerns over lending to China, the bank's president told ...