Tag: Meituan

China starts next phase of CBDC testing using e-CNY payment to public transport

Multiple sources claim that China officially started rolling out its next round of central bank...

To stimulate consumer spending, City of Shenzhen drops 30M in digital yuan for free This is part of a government initiative to revive consumer spending after a zero COVID policy that has decimated the economies of both countries.

The move comes as part of a government effort-led to revitalize consumer spending as a zero-COVID...