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They propose launching stablecoins in Hong Kong backed by the offshore yuan, aiming to boost the Chinese currency's global ...
China's tech giants JD.com and Alibaba affiliate Ant Group are urging the central bank to authorise yuan-based stablecoins to ...
In a recent TikTok video, a stocky Chinese man in his 40s stands inside a dusty construction site, arms folded confidently, ...
Alibaba and JD.com urge central bank approval for yuan-based stablecoins to counter US dollar dominance in $247B global ...
Such a move would reduce economy-suppressing debt facing local-level governments by replacing it with lower-interest bonds, which analysts say could help revive economic activity China should issue 30 ...
The bulk of the relief – 415.8 billion yuan – went to advanced manufacturing, including extra VAT deductions for producers of ...
A resilient domestic economy and US debt fears could see the Chinese currency appreciate further, analysts say.
JD.com y Ant Group quieren que el banco central de China apruebe las stablecoins en yuanes offshore en Hong Kong.
Der Euro ist gegenüber dem chinesischen Yuan auf den höchsten Stand seit über einem Jahrzehnt gestiegen, gestützt durch ...
China lifted its official yuan midpoint to its strongest since November on Tuesday, but pressured its value versus its major ...
JD.com and Ant Group are urging the PBOC to greenlight a yuan stablecoin to challenge the dominance of the US dollar in global trade.
SHANGHAI: China’s yuan slipped against the dollar on Thursday, as market participants closely monitored trade negotiations ...