Chinese banks extended 2.24 trillion yuan ($312 billion) in new loans in June, more than triple May's total, and beating ...

A growing list of African nations have made deals to explore or implement use of the Chinese currency for trade and financial ...

Yuan Fang reflects on illness and identity through abstract forms and negative space in ‘Spaying’ Personal experience and ...

The yuan has the potential to become a safe-haven currency, a former central bank official said while calling for ...

China's tech giants JD.com and Alibaba affiliate Ant Group are urging the central bank to authorise yuan-based stablecoins to ...

When China’s central bank governor laid out his vision for a more multipolar monetary system last month, he signaled ...

Chinese traders are pulling back from the dollar, helping ease a shortage that has rattled the banking system and setting the ...

Yuan-based markets, by contrast, are much thinner and much more tightly controlled by the authorities in Beijing. MORE FROM FORBES ADVISOR. Best Travel Insurance Companies. By Amy Danise, Editor.

History of the digital yuan. The digital yuan originated with a project launched by the People’s Bank of China (PBOC) in 2014. At the time, central bank digital currencies or CBDCs were a new ...