Digital Currency

China is building parallel financial capabilities rather than directly challenging the dollar's status as the global reserve currency. The e-CNY has become one of the world's most advanced central bank digital currency experiments, processing over 3.4 billion transactions worth about US$2.3 trillion by the end of 2025.

24 Mwezi wa kumi na mbili, 2025 Imeripotiwa na AI

The People's Bank of China has pledged to integrate the digital yuan into the New International Land-Sea Trade Corridor and establish a cross-border payment pilot with Singapore to promote the internationalisation of China's currency.