The Point: China’s digital currency

CGTN published this video item, entitled “The Point: China’s digital currency” – below is their description.

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https://www.cgtn.com/video

China’s #currency is going digital, with a July report showing that more than 20 million personal wallets and over 3.5 million corporate wallets were opened as of June. The transaction value has already reached 34.5 billion yuan ($5.34 billion). What do those numbers tell us? What can digital renminbi do that wasn’t possible before? What other steps is #China taking to build a digital society, and why? #Business

Guests:

Alvin Foo

Co-Founder, DAOventures

Song Shuang

Chinese Academy of Social Sciences

CGTN YouTube Channel

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About This Source - CGTN

This story is an English language news item from CGTN. CGTN is a Chinese state-funded broadcaster.

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