yuan

China’s digital currency is all about control

China’s digital currency is all about control

The digital yuan remains in its testing phase, says China's central bank.

China Central Bank Official: Digital Yuan Should Have ‘Controllable Anonymity’

China's proposed digital yuan should strike a balance between protecting privacy and regulatory enforcement, a central bank official said.
What China could gain from a digital yuan

What China could gain from a digital yuan

Digitizing the yuan could make central planning a lot easier.

Facebook Adds Singapore Dollar to Libra Crypto Basket: Report

Facebook reportedly included the Singapore dollar but not the Chinese yuan in an updated list of currencies meant to back the Libra stablecoin.

Tether Launches Chinese Yuan-Pegged Stablecoin on the Ethereum Blockchain

Tether has launched its Chinese yuan-backed stablecoin, which it revealed will run on the ethereum blockchain as an ERC-20 token.
China's yuan hits 11-year low as trade tensions grip markets

China's yuan hits 11-year low as trade tensions grip markets

Investors seek safe havens such as US treasuries and gold as US-China standoff continuesThe yuan has fallen to its lowest level in 11 years as the US-China trade war continued to grip markets.The
Indian investors better brace for an extended stock market downturn

Indian investors better brace for an extended stock market downturn

The present turmoil is structural, and not cyclical.
Trump adds a dismal dimension to the US-China trade dispute | Jeffrey Frankel

Trump adds a dismal dimension to the US-China trade dispute | Jeffrey Frankel

President asserts that the recent depreciation of the yuan amounts to currency manipulation. Not trueThe trade war between the US and China is heating up again, with the US president, Donald Trump,
Trump adds a dismal dimension to the US-China trade dispute | Jeffrey Frankel

Trump adds a dismal dimension to the US-China trade dispute | Jeffrey Frankel

President asserts that the recent depreciation of the yuan amounts to currency manipulation. Not trueThe trade war between the US and China is heating up again, with the US president, Donald Trump,
Could devaluation of China's yuan trigger the next financial crisis? | Larry Elliott

Could devaluation of China's yuan trigger the next financial crisis? | Larry Elliott

Anyone looking around for bad economic news in this ‘silly season’ is spoilt for choiceEvery now and then, August belies its reputation as a sleepy month when nothing happens and throws up an event
China: Paper Tiger

China: Paper Tiger

This post China: Paper Tiger appeared first on Daily Reckoning. China’s shock currency devaluation last week begs the following questions: Is China a rising giant of the twenty-first century poised to
China relaja la tensión en torno a su divisa y logra mejores datos de exportaciones

China relaja la tensión en torno a su divisa y logra mejores datos de exportaciones

El banco central fija su tipo de cambio frente al dólar por encima de los siete yuanes por primera vez desde la crisis financiera
Los chinos tienen la bomba atómica

Los chinos tienen la bomba atómica

El Banco Popular de China atesora 3,9 billones de dólares en reservas; de los cuales, 1,1 billones corresponden a bonos norteamericanos
Trump accuses China of currency manipulation and investors are very unhappy

Trump accuses China of currency manipulation and investors are very unhappy

White House advisors claim China will bear the brunt of tariffs rather than US consumers. Investors are unconvinced.
Chinese officials take solace in poetry after the yuan hits 11-year low

Chinese officials take solace in poetry after the yuan hits 11-year low

The Chinese currency yesterday fell to its lowest point since 2008.
Pekín deja caer la divisa china a mínimos contra el dólar desde 2008

Pekín deja caer la divisa china a mínimos contra el dólar desde 2008

El yuan rompió la barrera psicológica de las siete unidades por cada billete estadounidense
How to escalate a trade war, Chinese Communist Party style

How to escalate a trade war, Chinese Communist Party style

Beijing has weapons at its disposal. But using them could prove costly.
Can the Indian rupee sustain its rally?

Can the Indian rupee sustain its rally?

The currency is the best-performing among emerging market peers this year.
Overseas Indians are set to send home a record $80 billion this year

Overseas Indians are set to send home a record $80 billion this year

The Indian diaspora, sending home its hard-earned savings, has cemented its role in the country’s economy. Remittances from non-resident Indians (NRIs) are projected to touch…
The worst may be over for the Indian rupee—for now

The worst may be over for the Indian rupee—for now

The year-long slippery slope may have ended for the Indian rupee—at least for now. The sharp depreciation of the currency against the US dollar this…