Displaying 10 out of 23 results

  1. China's has the world's largest foreign-exchange reserves

    Commentary: China's new digital currency is a bit of hot air

    China’s central bank digital currency, trialled in four cities and soon to be expanded to Beijing, Tianjin, Hong Kong and Macau, will not be a ...
  2. renminbi

    Why is China's yuan going digital?

    Paper money was first used in China during the Tang dynasty. Fourteen centuries later, China is giving a new spin to the concept of currency itself.
  3. The headquarters of the People's Bank of China, the central bank, is pictured in Beijing

    China's central bank conducting tests of digital yuan payment system

    China's central bank is conducting tests of a digital yuan payment system in four cities across the country, it told Reuters on Tuesday.
  4. A sign of China's e-commerce company JD.com is seen at its shop at a mall in Shanghai

    JD.com forecasts sales growth in coronavirus-hit China, shares rise

    China's JD.com Inc on Monday forecast at least a 10per cent rise in revenue for the coronavirus-hit first quarter after posting ...
  5. Chinese flag flutters at the Tiananmen Square in Beijing

    Commentary: The grand Chinese tech train is slowing down

    The current phase of China’s slowdown arises from a structural change in the nation’s productivity, rather than a cyclical fluctuation, say two ...
  6. The People's Bank of China on Wednesday fixed the yuan's central parity rate at 6.9996 per

    Commentary: China has been secretly struggling to stabilise the yuan

    Chinese policymakers are still worried about excessive depreciation, says China commentator Yu Yongding.