City Xiamen Financial News

03.04 / 01:23

UPS Citi Waves Reuters Southern reports Tsunami warning issued for Japan’s Okinawa after 7.5 magnitude earthquake

Okinawa. "Tsunami waves of up to 3 meters were expected to reach large areas of Japan's southwestern coast," according to the Japan Meteorological Agency, which put the quake magnitude at 7.5, as per Reuters report. Additionally, a powerful earthquake with a magnitude of 7.2 struck offshore Taiwan on the same day, shaking the capital city of Taipei and prompting tsunami warnings for the islands of southern Japan and the Philippines.

25.01 / 04:11

UPS Citi Election Universities War show How China’s public views Taiwan’s elections

Lai Ching-te. Mr Lai’s win marks the third presidential term in a row for the Democratic Progressive Party (DPP), which emphasises Taiwan’s separate, democratic identity. Yet since that victory, mainland propaganda outlets have downplayed its significance and played up the DPP’s poor showing in parliamentary elections held the same day.

07.11 / 01:21

Digital reports testing China’s Digital Yuan Scores Taiwan First with Bond Offering

China’s digital yuan has completed another historic CBDC first, with a Taiwan-based firm “successfully” issuing e-CNY bonds.

14.09 / 04:31

UPS Citi Cooper Enterprise China to formulate 'special' measures to widen Taiwan's access to Fujian

BEIJING (Reuters) -China will take a number of «special» policy measures to improve access for Taiwanese enterprises to Fujian province across the Taiwan Strait, the Chinese state planner said on Thursday, under a long-term cross-strait integrated development plan.

15.08 / 07:07

Citi Digital Progressive show cover Tianjin, China, Says It Has Processed $1.76bn Worth of Digital Yuan – CBDC Progressing?

The Chinese city of Tianjin says residents and businesses transacted a cumulative total of over $1.76bn worth of CBDC since it joined the digital yuan pilot in 2022.

17.03 / 17:39

CBDC China’s Fujian Province Has Processed $22bn Worth of Digital Yuan – Are CBDCs Taking Over?

Residents and firms based in China’s Fujian Province have reportedly processed almost $22 billion worth of digital yuan transactions to date – as the nation’s central bank digital currency (CBDC) continues to gather pace.

02.11 / 12:59

Citi CBDC Digital Another Digital Yuan Giveaway Will See $2.75m Distributed in China’s Fuzhou

China’s digital yuan pilot continues to gather pace: The nation’s central bank is teaming up with an e-commerce heavyweight in an effort to boost adoption. The parties will be giving away another $2.75m worth of coins (in e-voucher form) in the city of Fuzhou, in China’s Fujian Province.

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