Chinese telecommunications company Huawei is integrating the digital yuan central bank digital currency (CBDC) into its HarmonyOS NEXT operating system, according to the local press. The integration ...
What is the digital yuan? The digital yuan, also known as the e-CNY and digital renminbi, is a central bank digital currency (CBDC) issued by China’s central bank, the People’s Bank of China (PBOC).
China's yuan firmed on Monday, supported by stronger-than-expected exports and signs of easing trade tensions, as investors ...
China's major state-owned banks bought dollars in the onshore spot market this week and held on to them in an unusually ...
China now settles nearly a third of its $6.2 trillion trade in yuan instead of dollars — up from 20% in 2022. But economic imbalances and tight capital controls ...
Sign up for our Metro US email newsletter to get news, updates, and local insights delivered straight to your inbox! SHANGHAI/HONG KONG (Reuters) – Major investment ...
The digital Yuan is China's electronic currency. Also known as e-CNY or e-RMB or e-yuan, this currency stands in direct competition with cryptocurrencies, corporate payment systems, and mobile payment ...
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