Friday, May 8, 2026
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Tag: People’s Bank of China

Indonesia–China launch cross-border payments connectivity, connecting millions of merchants via Ant International’s Alipay+

SINGAPORE — Under the guidance of Bank Indonesia and the People's Bank of China, the China-Indonesia cross-border QR payment linkage was launched between Indonesia’s...

China reduces key interest rate to lift economy

BEIJING—China’s central bank on Tuesday cut a key policy interest rate, in a surprise move to boost the country’s flagging economy. The People’s Bank of...
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