China makes digital yuan transfers as easy as using a phone

Currency pilot program to launch in Suzhou as JD.com jumps on board

20201206N digital yuan app

China's official app for the digital yuan: The central bank aims for a full rollout of the digital currency by the 2022 Winter Olympics in Beijing. © Reuters

IORI KAWATE, Nikkei staff writer

BEIJING -- China will expand trials of its digital yuan Friday evening with a feature letting individuals send money to each other by just touching their smartphones together, broadening use of the new currency beyond physical stores.

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