The expansion of China’s digital yuan and financial technology are helping to boost yuan settlements in the crude trade and hastening the decline of the petrodollar, a report from a ...

Its digital yuan and the Multiple Central Bank Digital Currency Bridge (mBridge) platform represent significant technological advances that could accelerate change by offering more efficient ...

China's new subsidy plan offers 15% off digital products under 6,000 yuan, cutting iPhone 16 prices to 4,499 yuan, boosting ...

BEIJING -- The added value of Beijing's digital economy totaled 2 trillion yuan ($278 billion) in 2024, up about 7.5 percent ...

Starting on Monday, a subsidy plan for purchasing new mobile phones and other digital products will be implemented nationwide ...

Trump's Treasury pick Scott Bessent argued against a US digital dollar, saying CBDCs suit countries lacking other investment ...

Scott Bessent, President-elect Donald Trump’s nominee for Treasury secretary, testified before the Senate Finance Committee ...

China is including smartphones in its consumer electronics purchase subsidy plan for the first time, a measure that took ...

China's foreign trade achieved both steady growth and structural optimization last year. These trends underscore the ...

China will significantly increase the scale of ultralong special treasury bonds to provide greater support for consumer goods trade-ins this year, extending the subsidies to digital devices such as ...

The Guizhou government set its 2025 plan for digital economy development, aiming to establish the province as China's computing power center and grow the industry value to 12 billion yuan ($1.64 ...