Digital Currency

China Digital Currency News - Caixin Global

China is taking the lead in the race to become the first major economy to officially launch a sovereign digital currency, as its ongoing pilot programs have made headlines and its central bank officials have been offering explanations about the issue and what’s behind Beijing’s digital yuan ambitions.

In Depth: China’s Digital Currency Ambitions Lead the World

The future of money is electronic and Beijing wants to own it

03 22, 2023 20:19 PM

Xi, Putin Call for ‘Responsible Dialogue’ to End Ukraine Crisis

Russia also said a position paper on the crisis issued by China last month could ‘be taken as the basis’ to settle the conflict that began more than a year ago

03 03, 2023 13:30 PM

Weekly Must-Read: Why China’s Lithium Firms Have Their Sights Set on Bolivia

The South American country has the world’s largest reserves of the key EV battery raw material, but political and practical obstacles have prevented it from becoming a significant global supplier

02 08, 2023 20:33 PM

NFTs, Metaverse Get Digital Cold Shoulder in Beijing

The city’s market regulator has warned local residents to steer clear of investments using two of the latest tech buzzwords   

02 04, 2023 03:35 AM

China Clashes With IMF Over Property Downturn, Growth Rate

International Monetary Fund says China needs to do more to resolve the real estate crisis and spur growth, earning a sharp rebuke from Beijing

01 30, 2023 07:16 AM

Cover Story: The Vision of Singapore’s Next Prime Minister

Lawrence Wong sees himself as a ‘servant leader,’ he says. ‘My role is not just to lead, but to serve my country and my fellow citizens’

01 17, 2023 10:04 AM

CX Daily: Where to Now for Alibaba in the Post-Jack Ma Era?

The World Economic Forum in Davos returns to its winter slot, and Chinese Vice Premier Liu He will attend it

01 16, 2023 15:03 PM

Shanghai Composite Index Rose 1.01% on Monday

Shenzhen Component Index closed up 1.58%

01 14, 2023 03:09 AM

China Includes Digital Yuan in Calculating December Money Supply

Experimental e-CNY accounts for 0.13% of currency in circulation as China’s central bank becomes the first to count digital currency in monetary statistics

12 09, 2022 18:57 PM

Opinion: Is the World on the Brink of an Entirely New Era?

If we are in the early throes of a seismic shift, leaders must prepare to operate in a new world where their old assumptions no longer hold

12 01, 2022 15:59 PM

New York, Singapore Top List of Most Expensive Cities in the World

Tel Aviv, which held the No. 1 spot last year, got knocked down to third, while Hong Kong and Los Angeles rounded out the top five priciest places to live

11 18, 2022 04:46 AM

Singapore’s Temasek Writes Down $275 Million FTX Investment

Confidence in cryptocurrency exchange founder Sam Bankman-Fried ‘would appear to have been misplaced,’ state-owned investor says

11 15, 2022 15:03 PM

Shanghai Composite Index Rose 1.64% on Tuesday

Shenzhen Component Index closed up 2.14%

11 14, 2022 20:19 PM

Hong Kong Crypto Firm Says Deposits at Risk After FTX Meltdown

New Huo Tech has around $18 million of digital currency assets deposited with the embattled crypto exchange

11 04, 2022 06:32 AM

China and Pakistan Set Up Offshore Yuan Clearing

South Asian nation becomes third country to do so this year, enabling use of Chinese currency in cross-border trade and investment

11 04, 2022 04:03 AM

Ant Digital Bank Expands in Singapore With Small Business Loans

Chinese fintech giant’s ANEXT Bank offers loans of $3,500 to $70,000 to small and medium-sized operations

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