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Huge loans that countries owe to China may actually never get repaid, says analyst

Though China today finds itself holding significant sway over the financial futures of many developing nations, the vast sums of money that countries owe to Beijing may never get repaid. ....

Federico Giuliani , Though China , Ews India ,

Financial digitalization gets e-CNY trust

As the fall semester started in September, Liu Xiaojing, 35, a product manager in Beijing, enrolled her 7-year-old son into an after-school English-language program. That was a sort of an encore. The child had completed a similar program that coincided with the spring semester. The only difference this time round was that Liu paid 3,168 yuan ($437) toward the program in digital yuan, or e-CNY. ....

Yang Tao , Huang Yafeng , Liu Xiaojing , Digital Currency Institute Of The People Bank , Party Of China , National Institution For Finance Development , National Congress , Chaoyang District Houhai Training School , Wechat Pay , Apple Pay , Secured Pay , Digital Currency Institute , Beijing Chaoyang District Houhai Training , Zhao Lei , Fan Yifei , Communist Party , International Monetary Institute , Renmin University , National Institution , E Cny ,

Cell C and Capitec bank announce south Africa's latest MVNO

Hard on the heels of the announcement that its recapitalisation efforts have been completed, South Africa operator Cell C has done a deal with Capitec, South Africa’s largest retail bank by customers, that makes Capitec the country’s latest mobile virtual network operator (MVNO). ....

South Africa , South African , Standard Bank , Capitec Connect , Cell C , Mobile Data ,