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Traders are betting that the yuan, the Australian dollar and the South Korean won will strengthen versus the US dollar.
Chinese businesses and investors are primed for the yuan to stay steady for now and eventually depreciate as U.S. trade ...
China's tech giants JD.com and Alibaba affiliate Ant Group are urging the central bank to authorise yuan-based stablecoins to ...
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Cryptopolitan on MSNChina’s PBOC reportedly poking around about dollar weaknessThe People’s Bank of China (PBOC) has reportedly reached out to financial institutions in recent days to assess market ...
JD.com y Ant Group quieren que el banco central de China apruebe las stablecoins en yuanes offshore en Hong Kong.
Despite China’s ambition to challenge the dominance of U.S.-backed stablecoins, catching up will be no easy feat though.
China Development Bank (CDB) and the Development Bank of Southern Africa (DBSA) signed a loan agreement worth 2.1 billion ...
CNY is a way to evade US sanctions and dollar volatility but also carries risks As China moves to accelerate global use of the digital yuan, particularly in cross-border trade along Belt and Road ...
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.
In his wildest dreams, Chinese leader Xi Jinping and his designs on currency domination couldn’t have imagined a better foil ...
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