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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
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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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