china yuan

Biden team eyes potential threat from China’s digital yuan plans | Hindustan Times

The Individuals’s Financial institution of China has rolled out trial issuance of a digital yuan in cities throughout the nation, placing it on observe to be the primary main central financial institution to situation a digital forex.

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China sees currency rise as ‘relatively moderate’ against US dollar | South China Morning Post

Issues have been raised amongst analysts over the velocity of the appreciation of the yuan with China’s forex gaining round 7 per cent in opposition to the US greenback prior to now six months.

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China’s foreign currency saving rates slashed to record lows | South China Morning Post

Chinese language banks are coping with the fallout from quantitative easing by slicing saving charges on overseas forex financial savings to shut to zero.

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