China's digital yuan ambitions face a bubble tea test

E-currency trials in several cities are also part of economic stimulus

20210315 digital yuan

A screenshot of the China Construction Bank digital yuan mobile app: Few are aware of the trial that is meant to eventually wean the public away from cash. (Photo by CK Tan)

CK TAN, Nikkei staff writer

SUZHOU, China -- In one of the latest trials being conducted by the People's Bank of China into its ambitious project to digitize the yuan, Zhou Jie considers herself one of the winners.

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