On Friday, China’s central bank took steps to support the yuan, which has been losing ground, with its depreciation being viewed as …
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Finance
China’s Digital Yuan Faces Uphill Battle With Corruption Scandals and Sluggish Adoption
by shayaanby shayaanChina’s digital yuan (e-CNY), once a frontrunner in central bank digital currencies (CBDCs), faces challenges including corruption scandals and slow adoption due …
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