China should promote its indigenous cross-border interbank system to reduce risks to its financial security, a senior researcher for a state-owned bank has said, as the drawbacks of a US-centred …
A multi-country central bank digital currency (CBDC) project involving mainland China, Hong Kong, Thailand and the United Arab Emirates has made a breakthrough by launching its minimum viable product (MVP) …
“But it also means that Hong Kong needs to be more proactive in striving for our own development opportunities and injecting some momentum into our economy,” Yue said. The issuance …