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Apple's App Store Now Accepts Yuan Payments In China
November 21, 2011After an upgrade, Apple changed the terms of use of its App Store in China and has started accepting Yuan-denominated settlement in the country.
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China Mobile Confirms Acquisition Of 20% Stake In Shanghai Pudong Development Bank
March 12, 2010Chinese telecom operator China Mobile has finally published an official announcement, confirming that it will invest CNY39.8 billion to acquire a 20% stake in Shanghai Pudong Development Bank.
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Chinese Online Banks Focus On Windows 7
September 2, 2009Microsoft China and China Financial Certification Authority have jointly announced that several Chinese banks, including China Construction Bank; Industrial and Commercial Bank of China; China Merchants Bank; and Shanghai Pudong Development Bank have achieved the seamless compatibility of their online banking systems with the Windows 7 operating system.
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Netease Initiates Credit Email Alliance
June 22, 2009Netease, one of the major email service providers in China, has launched a credit email alliance and the alliance has been joined by many companies from the finance, third-party payment, e-commerce and online games industries.
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Alibaba.com Helps Chinese SMEs Gain CNY6 Billion Loans
February 4, 2009Chinese B2B e-commerce giant Alibaba plans to help Chinese small and medium enterprises gain CNY6 billion in loans from banks in 2009 to help them overcome the impact of the global financial crisis.
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