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,…
How China opened the door to creating a direct rival to US payment systems
China’s recent changes to the rules governing its global payment system could pave the way for turning it…
China’s financial superpower ambitions get legal backing at ‘two sessions’
In its work report delivered on Monday, the National People’s Congress Standing Committee, the country’s top legislative body,…
Why China’s path to ‘financial superpower’ status could begin in Hong Kong
When Wilson Chan Fung-cheung joined Hong Kong’s banking industry as a foreign-exchange trader more than four decades ago,…
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…
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…
How China’s global investment model is changing – and what it means for the yuan
Foreign direct investment (FDI) has been a crucial pillar of China’s economy since it opened up, drawing in…
China’s central bank signals reserve ratio, interest rate cuts in 2026
China’s central bank has reiterated its commitment to a “moderately loose” policy stance in 2026, pledging stronger countercyclical…