China is increasing its efforts to strengthen its digital yuan. It aims to challenge US dollar-pegged stablecoins in world ...
Chinese financial experts have raised concerns that US dollar-pegged stablecoins may strengthen the dollar’s global dominance by linking international credit to virtual economies. They advocate for ...
PDD Holdings, the operator of Pinduoduo and Temu, missed market estimates for quarterly revenue despite deep discounts and government stimulus. Alibaba's strong performance and heightened competition ...