Beijing’s policymakers are recasting digital money as a tool of national power. A recent study in Study Times describes ...
The monopoly of dollar is now facing an unprecedented challenge. US President Donald Trump has repeatedly slammed the BRICS, accusing the organisation of attempting de-dollarisation. India's trade ...
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China is expanding into digital currencies, hoping to promote use of its 'people's money'
BANGKOK (AP) — 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 now settles nearly a third of its $6.2 trillion trade in yuan instead of dollars — up from 20% in 2022. But economic ...
In Kenya and Ethiopia, China is using debt distress as a strategic opening to expand the RMB’s international use.
In 2025, China and the United States are deepening their rivalry in a new arena: digital currency infrastructure. In May, Hong Kong passed landmark legislation to regulate fiat-referenced stablecoins, ...
Shanghai - In China's commercial hub Shanghai, six big state banks are quietly promoting digital yuan ahead of a May 5 shopping festival, carrying out a political mandate to provide consumers with a ...
People’s Bank of China Governor Pan Gongsheng said the central bank will continue to crack down on virtual currency ...
China's 15th Five-Year Plan, then, is more than just another national development program. It is the foundation for a new ...
China finds itself in a strong position to release its central bank digital currency, the eCNY, following successful trials. The completion of the eCNY trials coincides with the rollout of... We use ...
Current political and economic issues succinctly explained. Controlling access to money is no longer the exclusive privilege of the sovereign. Instead, access to money is increasingly governed through ...
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 ...
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