Signs indicate where China’s e-yuan can be used at a supermarket in Shenzhen, China. Photo: Bloomberg
Signs indicate where China’s e-yuan can be used at a supermarket in Shenzhen, China. Photo: Bloomberg

China’s e-yuan like ‘a double-edged sword’, and mishandling it carries considerable financial risks

  • Increased security and greater internationalisation of the yuan are among the benefits offered by China’s new digital currency
  • But analysts caution that widespread adoption must be gradual, as embracing the e-yuan will be ‘an educational process and a cultural shift’

Signs indicate where China’s e-yuan can be used at a supermarket in Shenzhen, China. Photo: Bloomberg
Signs indicate where China’s e-yuan can be used at a supermarket in Shenzhen, China. Photo: Bloomberg
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