China accelerates push for digital yuan following Shenzhen trial

Beijing plans new features and legal change toward launch by 2022 Olympics

20201025N China Digital Yuan

A woman tries to pay with digital yuan at a Walmart in Shenzhen. Nearly 50,000 people took part in a trial for the currency in mid-October.

IORI KAWATE and YUTA SAITO, Nikkei staff writers

BEIJING/TOKYO -- From real-life trials to a proposed legal change, China has ramped up preparations for issuing a new digital currency ahead of the world's other big economies.

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