The US president's decision to halt CBDC development may inadvertently hasten the de-dollarisation trend, smoothing path for ...
China began laying the groundwork for its digital yuan in 2014 and has launched trials of its central bank digital currency (CBDC), known as the e-CNY or e-yuan, in select cities since 2019 ...
China's technological capabilities may be advancing faster than previously thought, challenging U.S. dominance in AI, digital ...
Lai tells court he failed to vet Apple Daily’s videos that sought US support in 2020 as he had other priorities.
Currency traders are waiting with bated breath for China’s next daily reference rate for the yuan, with some expecting ...
China’s top leaders and policymakers are considering allowing the yuan to weaken in 2025 as they brace for higher trade tariffs in a second Donald Trump presidency in the United States.
China extended its support for the yuan by setting its daily reference rate for the managed currency at a level stronger than 7.2 per dollar, as escalating trade tensions with the US add to the ...
China has announced a new subsidy scheme to encourage consumer purchases of digital products ... eligible products priced below 6,000 yuan ($820) will receive a one-time subsidy covering 15% ...