Beijing wants Hong Kong to sow the seeds for the digital yuan. Will its plans bear fruit?
Beijing wants Hong Kong to sow the seeds for the digital yuan. Will its plans bear fruit?
In September, Chief Executive John Lee Ka-chiu unveiled the city’s first five-year plan along with his policy address, highlighting Hong Kong’s strategic role in promoting the greater use of the yuan outside mainland China as a key priority. In the third part of a four-part series on the globalisation of the yuan, Xinmei Shen explores how Hong Kong is testing the interoperability of the e-CNY and…