Beijing Review

The Digital Yuan on The Daily Commute

The People’s Bank of China has been stepping up promotion of the digital yuan, a so-called Central Bank Digital Currency that aims to replace some of the cash in circulation. It represents an argument that places the country at the feverish center of a hot debate engaging international government officials, economists, bankers and business executives alike.

One crucial question remains: How will this digital currency fare in daily life?

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Throughout its dynastical history, China was reputed for being a major contributor to science in terms

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