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China Launches Large-Scale Test of Digital Currency

China is one of several countries gearing up to issue digital currencies and is poised to take the next major step toward launching central...

China’s central bank joins cross-border digital currency pilot

China's central bank will join a project that looks at utilizing central bank digital currencies (CBDC) for cross-border payments, the Bank of International Settlements (BIS)...

China issues Forbidden City coins

China is going to issue a set of gold and silver coins to honour the 600th anniversary of the founding of the Forbidden City. The...

China threatens to stop recognising BNO passports

China has threatened to withdraw its recognition of British National Overseas (BNO) passports held by Hong Kong residents. British Prime Minister Boris Johnson recently said...

China unveils new banknote

The People's Bank of China is scheduled to issue the fifth set of RMB 5 banknotes for the 2020 edition from 5 November. The central...

China to use bus with facial biometrics

Shanghai Sunwin Bus Corporation has launched a “healthcare bus” with integrated facial biometrics and thermal imaging to ensure safer public transport during the coronavirus...