The People's Bank of China is transferring the digital yuan from cash to deposits. ・The PBOC reportedly said interest on ...

China is about to turn its central bank digital currency from a quiet pilot into a fully fledged piece of the financial ...

China will allow banks to pay interest on digital yuan wallets from 2026, expanding CBDC functions, boosting adoption, and ...

CNY, will start generating interest income next year under a new framework, state broadcaster CCTV said on Monday, as China ...

Chinas central bank is preparing to strengthen oversight of its digital currency with the release of a new action plan ...

China is set to launch an action plan on January 1 to enhance the management and operations of its digital currency, ...

and a senior fellow at the Asia Society Policy Institute’s Center for China Analysis. There are many reasons to lie awake worrying about the Chinese economy. A big devaluation of the yuan is not one ...

In well-connected circles within China, the yuan’s persistent weakness is increasingly being seen as an obstacle to the country’s growth.

The rise of China as an economic powerhouse in global trade in recent decades has sparked concerns about the long-term status of the U.S. dollar as the world’s primary reserve currency, which it has ...

The Chinese yuan is one of the top contenders challenging the USD's dominance as a reserve currency. However, Beijing may not be fully supportive of making the yuan the reserve currency of choice. Key ...

China and Russia may be working toward a new gold-backed currency in a move that would aim to dethrone the dollar as the primary reserve currency of the world, but any such currency would unlikely ...

Will the mandarins at Beijing weaponize its renminbi in response to President Trump’s tariff threats? That’s the poser from the Times, which reports that “a currency war” could be started by Communist ...