Yuan

China opens industrial park for digital yuan CBDC development in Shenzhen

The government is incentivizing new residents to come develop payment… More…

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China Allows Visitors to Top Up Digital Yuan Wallets with Visa, Mastercard, Cash

Trying to make the digital yuan more attractive for foreigners, China… More…

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China’s central bank acts to stabilize yuan amidst a 16-year low

On Monday, China’s central bank, the People’s Bank … More…

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Dollar Share in Reserves Drops Below 60%, Yuan Rises, Russian Diplomat Says

The share of currencies other than the U.S. dollar and the euro in international… More…

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Chinese gov’t fires up the printer — How will it impact Bitcoin price?

China enacted a number of economic stimulus initiatives to bolster… More…

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China bolsters yuan defense with this new trick

In a shrewd maneuver that has taken global financial markets by surprise,… More…

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China requests banks to restrict certain outflows via Connect bond

China’s central bank has instructed several local banks to… More…

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Local Currencies Are Not Alternatives to the Dollar but the System, BRICS Bank Chair Says

The development bank founded by the BRICS bloc of emerging economies… More…

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Chinese Yuan Not Serious Threat to US Dollar Hegemony, Says Economist

An economist has dismissed the Chinese yuan as a significant threat… More…

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China’s central bank bolsters defense of yuan

China’s monetary powerhouse, the People’s Bank of … More…

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