The People’s Bank of China and the Hong Kong Monetary Authority have begun ‘technical testing’ for cross-border use of the digital yuan. Photo: Bloomberg
The People’s Bank of China and the Hong Kong Monetary Authority have begun ‘technical testing’ for cross-border use of the digital yuan. Photo: Bloomberg
China digital currency
Economy /  China Economy

China digital currency: China, Hong Kong begin testing digital yuan as Beijing ramps up research into cross-border use

  • The People’s Bank of China and the Hong Kong Monetary Authority have begun ‘technical testing’ for cross-border use of the digital yuan
  • International collaboration has also accelerated between China’s central bank and its counterparts in Thailand and the United Arab Emirates

Frank Tang
Frank Tang in Beijing

Updated: 9:03am, 6 Apr, 2021

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The People’s Bank of China and the Hong Kong Monetary Authority have begun ‘technical testing’ for cross-border use of the digital yuan. Photo: Bloomberg
The People’s Bank of China and the Hong Kong Monetary Authority have begun ‘technical testing’ for cross-border use of the digital yuan. Photo: Bloomberg
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