China Business & EconomyChina to Go All-In for Digital Yuan After Currency Markets Avoid YuanSavePrintThe 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 ImagesChriss Street1/10/2020|Updated: 1/19/2020News AnalysisA 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.Share this articleLeave a commentChriss StreetAuthorAuthor’s Selected ArticlesChina’s Official Food Reserves Data Called Into QuestionJul 31, 2020China Floods Causing US Agricultural Export BoomJul 27, 2020US Set to Reshore Manufacturing as China Demographic Time Bomb ExplodesMay 01, 2020CCP Virus Threatens to Destroy China’s $3.87 Trillion Belt and Road InitiativeApr 22, 2020Related Topicsdigital currencyPBoCchinese mobile paymentdigital yuan