From expanding investment channels to building digital infrastructure, Beijing has been laying the groundwork to promote ...

China is launching a sweeping campaign to promote the yuan’s global role, seizing what officials see as a rare strategic ...

The US dollar’s dominance in global markets could be enhanced by stablecoins, and China has a golden chance to make the yuan ...

The custodians of trillions of dollars of global central bank reserves are eyeing a move away from the greenback into gold, ...

History of the digital yuan. The digital yuan originated with a project launched by the People’s Bank of China (PBOC) in 2014. At the time, central bank digital currencies or CBDCs were a new ...

Rita Liu, CEO of financial platform RD Technologies, discusses the rationale for yuan-backed stablecoin amid the growing ...

In 2009, the city set up a yuan settlement scheme, paving the way for the gradual internationalization of the currency.This move was marked by the creation of the offshore currency CNH, with the ...