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There’s a quiet change sweeping China’s economy. The Asian giant is slowly but steadily pushing forward with digital currencies — there are reports that it is even considering a yuan-pegged stablecoin ...
China has been expanding use of digital currencies as it promotes wider use of its yuan, or renminbi, to reflect its status as the world's second-largest economy.
SHANGHAI (Reuters) -Mainland China stocks advanced on Thursday, with the Shanghai benchmark closing at a decade high level, driven by hefty gains in fintech and stablecoin-concept shares after a ...
China is considering allowing the use of yuan-backed stablecoins, in a move that would represent a reversal in its stance on digital assets, according to a Reuters report citing people familiar with ...
* U.S. power generation capacity is evolving at the fastest pace in decades, as utilities scramble to ensure that supplies keep up with rapidly growing electricity demand. ROI columnist Gavin Maguire ...
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Is This the End of US Dollar Dominance? China, India Take Steps to Trade in Their Own Currencies
Most recently, China stepped up its efforts to make the Chinese yuan ... and the Council is also looking at allowing the ...
President Xi Jinping visits Tibet to commemorate six decades since China created the autonomous region.
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