XPayIndustry WIKIBack to home
XPAY KNOWLEDGE

Industry WIKI

Digital assets and currencies

Understand assets, networks and trading mechanics with sources you can check.

Finance

Agricultural Bank of China

The Agricultural Bank of China (ABC), also known as AgBank, is a Chinese largely state-owned multinational banking and financial services corporation headquartered in Beijing, China. It is one of the "big four" banks in China, and the second largest bank in the world by total assets, behind the Industrial and Commercial Bank of China. ABC was founded on 10 July 1951, and has its headquar

Banking

Banking in China

China's banking sector had CN¥417 trillion (US$58.54 trillion) in assets at the end of 2023. The "Big Four" state-owned commercial banks are the Bank of China, the China Construction Bank, the Industrial and Commercial Bank of China, and the Agricultural Bank of China, all of which are among the largest banks in the world as of 2018. Other notable big and also the largest banks in the wo

Finance

China Construction Bank

The China Construction Bank (CCB) is a Chinese partially state-owned multinational banking and financial services corporation headquartered in Beijing, China. It is one of the "big four" banks in China, and is the third largest bank in the world by total assets behind the Agricultural Bank of China and the Industrial and Commercial Bank of China. The bank has approximately 13,629 domesti

Finance

Industrial and Commercial Bank of China

The Industrial and Commercial Bank of China (ICBC; Chinese: 中国工商银行) is a Chinese partially state-owned multinational banking and financial services corporation headquartered in Beijing, China. It is the largest of the "big four" banks in China, and the largest bank in the world by total assets. ICBC was created on 4 January 1984 from what were then the commercial banking operations of th

Trading basics

Panic buying

Panic buying (alternatively hyphenated as panic-buying; also known as panic purchasing) occurs when consumers buy unusually large amounts of a product in anticipation of, or after, a disaster or perceived disaster, or in anticipation of a large price increase or shortage.

Finance

Policy bank

Policy bank (Chinese: 政策性银行), or policy lender, is a state-owned financial institution established by the government of the People's Republic of China with the goal of implementing official economic policies and carrying out financial business in specific fields. This measure separates policy finance from commercial finance and establishes a policy bank to undertake strictly defined poli

Fiat currencies

Qiang tie

Qiang tie (Chinese: 羌帖; pinyin: qiāng tiē) is a Chinese folk name for banknotes of the Russian ruble issued by the Russian Empire and later by the White Army. The main regions of ruble transactions in China were concentrated along the Chinese Eastern Railway and Harbin in Manchuria and Ili and Tacheng in Xinjiang. Russian currency in China began circulating in the 1860s and were withdraw