China wants a slow, managed move in its currency. The market—and China’s trading partners—may not be as patient.
Transactions on a new China-led digital currency platform have surged to over $55 billion, a new report shows, the latest ...
China’s surplus reached $1.19 trillion last year, a 20 percent increase from 2024, as Beijing kept the currency weak and ...
SHANGHAI—For Western companies in China, a new reality has set in: The easy money is gone and competition is only getting fiercer. As China’s economic growth has slowed in recent years, consumers have ...
China’s suspension of Hong Kong’s stablecoin rollout underscores that financial innovation cannot stray beyond the political boundaries of ‘one country two systems’, especially where monetary ...
BEIJING/SHANGHAI, Dec 29 - Holdings of China's digital yuan, or e-CNY, will start generating interest income next year under a new framework, state broadcaster CCTV said on Monday, as China steps up ...
For most of human history, currency was a direct claim on tangible, productive output. Before the abstraction of government fiat or cryptocurrency, value was stored in things that required real work ...
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