As Beijing launches its new five-year plan, President Xi Jinping has revived his goal of turning China into a financial superpower. Analysts say Hong Kong, as a global financial centre, could play a key role in yuan internationalisation, digital yuan adoption, and cryptocurrency testing.

Von KI berichtet

Former People's Bank of China adviser Liu Shijin has urged China to leverage its massive buying power to increase yuan-settled imports, aiming to accelerate the currency's internationalization. The advice gains renewed relevance amid the yuan's recent appreciation and rising US dollar uncertainties under President Donald Trump.

Donnerstag, 25. Dezember 2025, 01:35 Uhr

Yuan hits 2.5-year high as dollar weakens, bitcoin remains stuck

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