China wants a slow, managed move in its currency. The market—and China’s trading partners—may not be as patient.

BANGKOK — China has been expanding use of digital currencies as it promotes wider use of its yuan, or renminbi, to reflect its status as the world’s second-largest economy and challenge the ...

The technology allows the authorities to not only track where money is going, but also programme how it flows. Read more at straitstimes.com. Read more at straitstimes.com.

By Marc Jones LONDON, Jan 16 (Reuters) - Transactions on a new China-led digital currency platform have surged to over $55 ...

The head of China’s central bank has sworn to expand the international use of the digital yuan. He also called for the development of a multi-polar global currency system, in which more than one ...

China is considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency globally, sources familiar with the matter said, in a major reversal of ...

China is reportedly considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency globally, in a major reversal of its stance towards digital ...

China’s surplus reached $1.19 trillion last year, a 20 percent increase from 2024, as Beijing kept the currency weak and ...

BANGKOK — China has been expanding use of digital currencies as it promotes wider use of its yuan, or renminbi, to reflect its status as the world's second-largest economy and challenge the ...

Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. The conventional wisdom among China watchers has long been that China will not ...

(Reuters) -China is considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency globally, sources familiar with the matter said, in a major ...