News Analysis
A new report argues that China is being forced to go all-in for a “Digital Yuan” after the percentage of trade cleared in its own currency has been cut in half since 2015.
China to Go All-In for Digital Yuan After Currency Markets Avoid Yuan
The headquarters of the People's Bank of China (PBC or PBOC), the Chinese central bank, in Beijing on Aug. 7, 2011. Mark Ralston/AFP via Getty Images
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