Digital yuan explained: What it will mean to you?

04:37

Bookmark

CNA Insider:

Digital yuan explained: What it will mean to you?

15 Jul 2020 05:09PM (Updated: 17 Jul 2020 03:05PM)

Tourists or business visitors to China may have struggled with WeChat or Alipay since both payment platforms require a China-registered credit card or bank account. With digital yuan, visitors - such as to the Winter Olympics 2022 - would find it much easier to use Renminbi. China is turning its money digital.

About the show:

We'll tell you how to make the most of your money but also why money is not an end in itself and connecting financial goals to your life goals is really what you should be doing. Of course we will also still continue to provide tips for investors, business ideas for businessmen and comments on the economy, markets, companies, financial products, and trends.

Related Episodes

Quick Bytes

View all Episodes

Deciphering Japan

Deciphering Japan

Journalist Yumi Araki explores her home country as it enters an era of great social and political transformation. She explores the hot-button ...

In Conversation

In Conversation 2020/2021

CNA's one-on-one interview show that has been running for 20 years is back with more exclusive conversations with the people who matter, when it ...

The Family Affair S5

The Family Affair S5

This season, we drop in on four households, in four different Asian cities, in circumstances that are poles apart, yet very much the same - all ...

The Mark of Empire

The Mark Of Empire

Singaporean curator and scholar Peter Lee explores the history of four Southeast Asian empires that made their mark on the world. Travelling from ...