Analysts say there is renewed appetite for a global yuan as aggressive tariffs shake faith in the American currency and other US assets

The currencies of China's trading partners have weakened faster than the yuan recently, eroding the country's export competitiveness and hampering its recovery

Total e-CNY transactions hit 950 million but the digital currency only accounted for 0.16% of China's cash in circulation at the end of last month

Central banks from Hong Kong, Thailand, China and the UAE issued CBDCs worth $12m on BIS’ mBridge platform to test cross-border transfers to and from commercial banks and foreign exchanges

China will respect privacy and protect personal information in using digital yuan, Mu Changchun, director-general of the central bank's Digital Currency Research Institute said