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From expanding investment channels to building digital infrastructure, Beijing has been laying the groundwork to promote ...
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 ...
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 ...
Lu Chao was arrested after boarding a Lucky Air flight in Anqing, in the Anhui province, after the airline’s crew found two one-yuan coins on the ground near the plane’s engine.
Rita Liu, CEO of financial platform RD Technologies, discusses the rationale for yuan-backed stablecoin amid the growing ...
One Chinese airline is reportedly pressing charges against a passenger who threw coins at a plane engine ahead of a ... "The incident caused a direct economic loss of nearly 140,000 yuan, ...
A sign indicating digital yuan, also referred to as e-CNY, is pictured on a vending machine at a subway station in Shanghai, China April 21, 2021. Picture taken April 21, 2021. REUTERS/Aly Song ...
Is renminbi or yuan the right name for Chinese currency? Learn the differences, how it trades, the currency’s history, and the key issues surrounding it today.
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