BizBeat Ep. 182: China outlines future of e-CNY

Recently, China Central Bank released a white paper on the digital yuan, which is the first time that it has disclosed the development of the virtual currency to the world. The digital RMB is a legal currency issued by the People's Bank of China. At the same time, many major economies are actively considering or promoting research and development on their own central banks’ digital currency. How will the digital yuan affect national economic operations and global trade? In today’s episode, CGTN’s Lily Lyu analyzes the rise and influence of the digital yuan.

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