China flirts with digital foreign money in four city centres amid Covid

China flirts with digital foreign money in four city centres amid Covid

NEW DELHI: China in a significant move has launched a trial of digital yuan in four urban centres of the country for specific services even as the world grapples with containment of Covid. The major cities of Shenzhen, Suzhou and Chengdu, as well as the Xiong’an New Area, will witness use of digital currency for…

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