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Financial digitalization gets e-CNY trust

As the fall semester started in September, Liu Xiaojing, 35, a product manager in Beijing, enrolled her 7-year-old son into an after-school English-language program. That was a sort of an encore. The child had completed a similar program that coincided with the spring semester. The only difference this time round was that Liu paid 3,168 yuan ($437) toward the program in digital yuan, or e-CNY. ....

Yang Tao , Huang Yafeng , Liu Xiaojing , Digital Currency Institute Of The People Bank , Party Of China , National Institution For Finance Development , National Congress , Chaoyang District Houhai Training School , Wechat Pay , Apple Pay , Secured Pay , Digital Currency Institute , Beijing Chaoyang District Houhai Training , Zhao Lei , Fan Yifei , Communist Party , International Monetary Institute , Renmin University , National Institution , E Cny ,

China-US trade rises by 8% in first nine months of 2022 despite political tensions

China-US trade rose by 8 percent in yuan terms in the first nine months of the year, data released by Chinese customs showed on Monday, with exports to the US maintaining solid growth despite the decoupling attempt by the US government. ....

United States , Ministry Of Commerce , Foreign Ministry , Longtan Container Terminal , Nanjing Port , Global Times , Mao Ning ,

Could a CBDC turn the yuan into a global currency?

Since the first day I started covering stories about the digital yuan, one question has occupied my mind constantly What is the real relationship between the country's push toward a central bank digital currency, or CBDC, and yuan internationalization? ....

Hong Kong , Zhou Xiaochuan , People Bank , China International Fair For , Renmin University Of China , International Settlements , International Monetary Institute , International Fair , Renmin University , E Cny , Cross Border ,

China's foreign trade up by 8.3% y-o-y in Sep, maintains strong growth momentum despite waning global demand

China’s September foreign trade reported an 8.3 percent year-on-year increase in yuan terms, maintains the growth momentum from the previous months despite concerns over a weakening overseas demand and a possible global economic recession.
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Shenzhen to issue offshore yuan local bonds in Hong Kong, further promoting interconnection of financial markets in GBA

Shenzhen in South China s Guangdong Province announced on Monday that it will issue no more than 5 billion yuan ($688.6 million) of offshore yuan local government bonds to the Hong Kong Special Administrative Region (HKSAR) in the near future, in a bid to further promote the interconnection of financial markets in the Guangdong-Hong Kong-Macao Greater Bay Area.
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Hong Kong ,