China uses digital yuan to stimulate virus-hit consumption - Reuters


5/30/2022 12:00:00 AM2 years 11 months ago

China is using the digital yuan to stimulate consumption in its pandemic-hit economy, with more e-CNY applications expected in future to boost transparency and effectiveness of government policies.

SHANGHAI, May 30 (Reuters) - China is using the digital yuan to stimulate consumption in its pandemic-hit economy, with more e-CNY applications expected in future to boost transparency and effectiven… [+2046 chars]

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