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China's tech giants JD.com and Alibaba affiliate Ant Group are urging the central bank to authorise yuan-based stablecoins to ...
China lifted its official yuan midpoint to its strongest since November on Tuesday, but pressured its value versus its major ...
Such a move would reduce local government debt by replacing it with lower-interest bonds, which could help revive economic ...
From expanding investment channels to building digital infrastructure, Beijing has been laying the groundwork to promote ...
China is pursuing a strategy of selective RMB integration – eschewing full capital account liberalization and avoiding a ...
Alibaba and JD.com urge central bank approval for yuan-based stablecoins to counter US dollar dominance in $247B global ...
They propose launching stablecoins in Hong Kong backed by the offshore yuan, aiming to boost the Chinese currency's global ...
A resilient domestic economy and US debt fears could see the Chinese currency appreciate further, analysts say.
SHANGHAI: China’s yuan slipped against the dollar on Thursday, as market participants closely monitored trade negotiations ...
China revealed it was devising more ways for foreign institutions to use the Yuan, as international confidence in the U.S.
The country has earmarked 300 billion yuan in ultra-long special treasury bonds to support its trade-in program in 2025, with ...
BEIJING -- China's top economic planner has allocated an additional 100 million yuan (about $13.96 million) in central budget ...