China adds 12 banks to digital yuan system, expanding e-CNY’s economic presence
China is set to include 12 more commercial banks under the umbrella of its central bank-backed digital currency,…
IMF rebukes China’s model with its own credibility in tatters
As the International Monetary Fund takes China to task, the world’s “lender of last resort” is grappling with…
China expands oversight of major banks amid property sector risks
China has expanded its list of domestic systemically important banks (D-SIBs) – institutions subject to tighter regulatory standards…
Fading US dollar trust threatens world economy, ex-IMF official Zhu Min warns
Dwindling global trust in the US dollar is one of the most prominent risks facing a vulnerable world…
China keen to realise digital yuan ambitions amid slow uptake
More than a month after China’s central bank upgraded the digital yuan from a cash equivalent to “digital…
China sets yuan at strongest rate in years as Greenland furore affects US dollar
China’s central bank has strengthened the yuan’s daily fixing rate to break through the psychologically important level of…
India to add BRICS CBDC Bridge to 2026 agenda – report – Ledger Insights
This year, India is the Chair of BRICS+ and hosts the group’s meeting later in 2026. According to…
As Trump urges cap on credit card rates, could China follow suit for online loans?
US President Donald Trump’s call for American credit card interest rates to be capped at 10 per cent…
China has logged a US$1 trillion trade surplus. Where is all that money going?
Recent data on China’s external accounts presents a conundrum: while the country’s trade surplus has broken records, surpassing…
China’s offshore yuan breaks major benchmark as appreciation momentum builds
China’s offshore yuan strengthened further on Thursday, dipping below the benchmark rate of seven against the US dollar…
China expands digital-yuan push to Singapore and Asean trade routes
In an effort to further promote the internationalisation of China’s currency, Beijing has pledged to expand the use…
China to hide bad debt records for pandemic-hit borrowers who repay small loans
China’s central bank has unveiled a credit-rehabilitation policy to help individuals who defaulted on small loans rebuild their…