The People's Bank of China is transferring the digital yuan from cash to deposits. ・The PBOC reportedly said interest on ...
China handed yuan bulls a New Year’s gift with tacit consent for more appreciation, while carefully pacing the currency’s ...
China is about to turn its central bank digital currency from a quiet pilot into a fully fledged piece of the financial ...
CNY, will start generating interest income next year under a new framework, state broadcaster CCTV said on Monday, as China ...
China will allow banks to pay interest on digital yuan wallets from 2026, expanding CBDC functions, boosting adoption, and ...
The yuan climbed past the psychological milestone of 7 per dollar for the first time since September 2024, on bets China’s ...
China set the yuan’s daily reference rate at a level that was below market estimates by a record margin, in the latest sign ...
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 ...
China will on January 1 launch an action plan for boosting management and operations of its digital currency, a deputy ...
Ray Dalio, the founder of Bridgewater Associates and a long-time observer of China, says there's a formula for President Donald Trump to be successful in a trade negotiation with China. "There are ...
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 ...