The People’s Bank of China (PBOC) is stepping up its research on a “sovereign digital currency” as it joins other central banks and financial institutions in exploring future forms of money.For central control of an economy, nothing beats having an open ledger that allows the government to see every transaction.
...According to a 2017 hiring plan published by the PBOC, the central bank’s scientific research institute is recruiting six researchers to study the technological architecture of digital currencies.
China Vanke Said in Talks to Sell 21% Stake in GLP to State-Backed Investors
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With its bonds falling to all-time lows this week amid a deepening
liquidity crisis, China Vanke is reported to be in discussions to sell its
stake in in...
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