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Associated Press

China Is Expanding into Digital Currencies, Hoping to Promote Use of Its 'People's Money'

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The Associated Press

11:07 JST, August 22, 2025

BANGKOK (AP) — China has been expanding use of digital currencies as it promotes wider use of its yuan, or renminbi, to reflect its status as the world’s second-largest economy and challenge the overwhelming sway of the U.S. dollar in international trade and finance.

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