ENTITY

Digital Yuan (ECNY CURNCY)

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Analysis
FinancialsChina
The e-CNY, also known as Digital yuan or digital RMB introduced by PBOC (People Bank of China), is the electronic form of Chinese Renminbi, and like Chinese Renminbi, it aims to circulate around deposit accounts and other transactions method. China has adopted to work on a mechanism of the cashless economy through Chinese digital currency e-CNY targets to replace the dollar as the world’s reserve currency.
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bullishDigital Yuan
21 Sep 2023 08:32Syndicated

China Expands Use of Digital Yuan to Covering Utility Bills

China further expanded the use of the digital yuan by enabling consumers to use it to pay utility bills. The digital yuan, also known as the e-CNY,...

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20 Sep 2023 14:46Syndicated

CX Daily: China’s Trillion-Dollar Local Government ‘Hidden Debt’ Dilemma

In Depth: China’s trillion-dollar local government ‘hidden debt’ dilemma Corporate America is losing optimism over China, AmCham survey...

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27 Apr 2023 10:09Syndicated

CX Daily: Tencent, ByteDance Gut Metaverse Units in Virtual Reality Check

In Depth: Tencent, ByteDance gut metaverse units in virtual reality check. Xi affirms China’s commitment to restoring peace in Ukraine in phone...

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17 Jan 2023 10:45Syndicated

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

Cover Story: Where to now for Alibaba in the post-Jack Ma era? World elite return to Winter Davos as recession fears mount.

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02 Nov 2022 11:13Syndicated

CX Daily: Yuan Gets More International Love As Dollar Rivalry Grows

In Depth: Yuan gets more international love as dollar rivalry grows. Xi pledges supply chain stability with Vietnam. China’s manufacturing...

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