China Sets New Limits on QR Code Payments, Overseas ATM Withdrawals

The limit goes into effect on January 1, 2018.

by That's, 31 December 2017

Shenzhen Surpasses Guangzhou as South China’s Richest City

Revised data shows Shenzhen's GDP topped RMB2 trillion in 2016.

by Adam Robbins, 07 December 2017

Beijing Subway Cards Can Now be Recharged via Alipay and WeChat Pay

New metro card vending machines allowing the use of WeChat and Alipay to top up cards have been placed in eight Beijing subway stations.

by Vivian Liu, 06 July 2017

China Will Soon Start Tracking Bank Card Usage Overseas

Chinese banks will start closely monitoring overseas transactions on domestic bank cards this year in an effort to curb money laundering and tax avoidance.

by Bridget O'Donnell, 07 June 2017

Man Tries to Deposit ¥1,000 in Fake Bills at Guangzhou Bank

Warning: knowingly handing off fake bills is punishable with 15 days detention and up to RMB10,000 in fines.

by Matthew Bossons, 03 June 2017

China Slams Moody's Credit Rating Downgrade Over Debt

China balks after credit rating group Moody's downgrades the Middle Kingdom for the first time since 1989 because of rising debt.

by Bridget O'Donnell, 25 May 2017

China Expat Packages Now 2nd Highest in Asia-Pacific

Expat packages in China continue to rise due to high cost of living and pollution.

by That's, 25 May 2017

So Should You Really Change Your Chinese Bank Card?

Rumors have been circulating that Chinese bank cards needed to be changed by May 1, 2017. But do you actually need to switch yours?

by That's, 02 May 2017

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