ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Currencies

China starts digital yuan trial by giving $30 to 50,000 people

Beijing jumps to real-world test as G-7 nations raise questions on transparency

Buying food in Shanghai: Many Chinese are already accustomed to paying by smartphone. Now, the government has turned to ordinary shoppers to test a digital currency.

SHENZHEN/BEIJING -- As a couple in their 60s entered the self-checkout at a Walmart in Shenzhen, China's high-tech hub, the woman pulled out her phone instead of reaching for her wallet.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more