Tag Archives: People’s Bank of China
- China, Macau sign pact to toughen money laundering measures
August 24, 2015
China's central bank has signed a pact with Macau’s financial regulators to bolster cross-border anti-money laundering measures. In a notice on its website, the People's Bank of China (PBC) announced on Friday without elaboration that it has signed a memorandum of understanding with the Macau Monetary Authority on bilateral exchanges on...
- Chinese state-run banks implicated in UnionPay bogus purchases scam
June 5, 2014
There appears to be little urgency in eliminating the use of UnionPay mobile swiping devices from Macau casino floors. Early in May, China felt the need to remind Macau that anyone using UnionPay devices off the mainland was doing so illegally. The devices had become ubiquitous in Macau for their...
- The Austrolib Report: The China Bubble
March 3, 2014
Do you remember that scene from Forrest Gump where Gump's shrimping boat goes out in a wicked storm, and his is somehow the only boat to survive? Soon afterward Gump becomes a multimillionaire as he is the only one with any capital left and shrimping becomes easy. The movie does...
AGTech inks online lottery deal with China’s Alipay
March 24, 2017
China only pretending to fight bitcoin
September 12, 2017
Bitcoin recovers from price slump after China’s ICO ban
September 8, 2017