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China Digital Currency News - Caixin Global

While the Chinese government is concerned about the uncertain impact of Facebook's blockchain-based Libra, the PBOC is preparing to roll out its own digital currency soon.

In Depth: Facebook’s Cryptocurrency Ambition

Proposed Libra currency would start with a huge platform but still face regulatory doubts and management questions

MOST RECENT
10 01, 2020 20:18 PM

China Business Digest: Jack Ma Departs Alibaba’s Board; Tesla Slashes Price of China-Made Model 3

The nation’s factory rebound lost a half-step in September; China’s tech industry faces closer scrutiny from global governments; 100 million tourists are on the move in China

09 24, 2020 17:35 PM

Caixin Insight: Proposed Brokerage Tie-Up Foreshadows Wave of Consolidation

Guolian-Sinolink merger, new free-trade zones and cross-border RMB policy updates

09 21, 2020 19:16 PM

China Adds Three Areas to Its Ever-Expanding List of Free-Trade Zones

Beijing, Hunan and Anhui to host new zones trialing economic reform measures

09 16, 2020 20:06 PM

Opinion: Beijing Should Relax Capital Controls to Internationalize the Yuan

Excessively tight financial restrictions reduce the yuan’s luster as a medium of exchange and store of value, writes Joel Gallo

09 16, 2020 09:20 AM

CX Daily: China’s Troubled Anbang to Disband and Liquidate

Limited talent pool prevents China from achieving chip dream. Alibaba may invest in Grab, and rival Tencent picks Singapore for Asia hub

09 08, 2020 11:25 AM
09 07, 2020 13:40 PM

Editorial: For China, Getting the Digital Yuan Right Is More Important Than Getting It First

PBOC has been right not to give a timetable for potentially creating the world’s first state-backed digital currency

09 01, 2020 23:35 PM

China Business Digest: Authorities Limit International Flight Capacity From High-Risk Areas; UnionPay Launches Digital Bankcard

Manufacturing continues to recovery from pandemic; India overtakes Mexico with third-highest Covid-19 death toll; new tech export restrictions may affect more than TikTok

09 01, 2020 18:37 PM

Caixin China Biz Roundup: How Beijing’s New Rules Could Complicate Tiktok’s U.S. Deal

In today’s episode: China’s latest tech export restrictions add uncertainty to the sale of the Bytedance app’s American operations; two of the country’s biggest state-owned lenders join digital currency trials; and water giant Nongfu sets its sights set on raising $1 billion in Hong Kong IPO

09 01, 2020 09:19 AM

CX Daily: China Gets Serious on Money Laundering

China’s economy continues to recover as its services sector accelerates. New Chinese export rules could complicate the sale of TikTok U.S. assets

08 31, 2020 21:23 PM

China Business Digest: Nongfu Spring Prices HK IPO at Top of Range; Bank of China Profit Drops 11.5%

New export restrictions cast uncertainty over TikTok’s sale of U.S. assets; two more state-owned banks join China’s digital currency experiment; Citic won’t name HK CEO

08 31, 2020 21:11 PM

Exclusive: Two More State-Owned Banks Join China’s Digital Currency Trials

Postal Savings Bank and Citic Bank have signed on to the pilot program

08 28, 2020 16:44 PM

Opinion: China’s Digital Currency Will Rise but Not Rule

DCEP by itself will make little difference to whether foreign investors take up the yuan as a reserve currency

08 14, 2020 23:07 PM

China Business Digest: ChiNext Set to Debut First Batch of Registration-Based IPOs Aug. 24; Alibaba and Xiaomi Get into Hang Seng Index

Chinese economy continues to rebound, though employment’s still a problem; iQiyi reports probe by U.S. securities regulator; China merges coal mining companies creating a new giant

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