Focus topics


How the E-Yuan will become the World Currency

China has taken important steps in implementing its digital central bank currency: the e-yuan. Around 200 million yuan are already in circulation, the equivalent of around 30 million US dollars. This makes China the first major economy to conduct comprehensive tests of an e-currency (as reported by China.Table). Only the Bahamas and Cambodia are further along, US consulting firm PWC has found. They have already gone through the testing phase. Internationally, however, the two states hardly play a role.

Continue reading now

Get 30 days of free access to the Decision Brief to read these and more quality news every day.

Are you already a guest at the China.Table? Log in now

Related

    G7 and NATO Summits: It’s all about China
    Majority wants clear line on Xinjiang
    Government promotes battery swap as alternative to charging
    ‘China is out of step’