The bond was auctioned off to holders of the digital yuan, a central bank digital currency (CBDC) developed by the Chinese government. Hua Xia Bank, a publicly traded financial institution linked to ...

China is about to turn its central bank digital currency from a quiet pilot into a fully fledged piece of the financial system, with 2026 set as the year the project stops being an experiment and ...

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 ...

China’s central bank set the strongest guidance rate for the yuan in almost three years, suggesting it will allow its currency to gradually appreciate even while trying to avoid hurting exporters. The ...

SHANGHAI, Sept 12 (Reuters) - China's central bank said on Friday it plans to better regulate cross-border yuan financing between banks, and promote offshore use of the Chinese currency. China is ...

Forbes contributors publish independent expert analyses and insights. On January 1, 2026, the People’s Bank of China began paying interest on digital yuan balances held in user wallets. To some, it ...

SINGAPORE—China’s central bank set the strongest reference rate for the yuan in almost three years, signaling it is willing to allow the currency to gradually gain amid growing calls for appreciation.