Latest News and Information from China

  • Moneygram in Partnership with Agricultural Bank of China

    20 August 2015

    MoneyGram International announced an agreement with Postal Savings Bank of China Co. Ltd (PSBC), a large commercial retail bank in China, in an effort to expand its services in that country. Per the agreement, Moneygram will provide money transfer services in over 3,700 locations. Moneygram’s suc... Read more ›

  • World Hepatitis Day 2015

    28 July 2015

    Every year on 28 July, WHO and partners mark World Hepatitis Day to increase the awareness and understanding of viral hepatitis and the diseases that it causes. The date of 28 July was chosen for World Hepatitis Day in honour of the birthday of Nobel Laureate Professor Baruch Samuel Blumberg, who d... Read more ›

  • Asia Pacific Mobile Money Industry Prospects 2015-2019 - China and India to Bolster Growth with a CAGR of 174.8%

    17 July 2015

    The Report Titled Asia-Pacific Mobile Money Industry Prospects till 2019 - China and India to Bolster Growth provides an in-depth analysis of the Mobile Money Industry and covers specific insights on the market size in terms of global mobile money market value, region and product wise segmentation, ... Read more ›

  • Premier Li Charges Chinese Nationals Abroad to Contribute to Development

    08 July 2015

    Premier Li Keqiang on Monday called on Chinese nationals abroad to support the government's economic initiatives and contribute to development by linking local industries with the global market. Premier Li, who was addressing more than 400 people including Chinese business owners abroad and heads o... Read more ›

  • Overseas Chinese to send home $66 billion this year

    24 June 2015

    China will receive $66 billion this year in remittance inflows, according to World Bank projections. The figure is almost three times what China received in 2005, which was $23.62 billion, based on the organization's estimates and International Monetary Fund balance of payments reported by the Chin... Read more ›

  • Shaking up global remittance market: Startups & telcos making money available at the click of smartphones

    11 June 2015

    Analysts say the changes are shaking up the global remittance market, which will be valued at almost $600 billion this year, according to the World Bank. When Stellah Vardling was getting ready recently for her birthday party, she did what many 22-year-olds would have done. She asked her family for... Read more ›

  • FPA backs women's financial literacy campaign

    21 May 2015

    The FPA has entered into an agreement to support not-for-profit organisation 10thousandgirl which runs educational programs on financial literacy for women. In a statement issued yesterday, the FPA said that as part of the partnership it will subsidise 20 of its members to assist with 10thousandgir... Read more ›

  • Mobile Money to power global remittances

    21 April 2015

    This week the World Bank released data on the state of global remittances (Migration & Development Brief). Here is analysis from online money transfer service WorldRemit of a few of the key findings: wpid-Mobile-money-Uganda.jpg· Global remittances will grow slowly in 2015, but accelerate again in... Read more ›

  • Remittances growth to slow sharply in 2015

    20 April 2015

    Growth in global remittances, including those to developing countries, will slow sharply this year due to weak economic growth in Europe, deterioration of the Russian economy and the depreciation of the euro and ruble, said the latest released issue of the World Bank's Migration and Development Brie... Read more ›