Lawrence Au
- Indexed articles, last 90 days
- 1
- Latest publication
- Aug 16, 2026
- Outlet visibility, for Asia Asset Management
- Top 5M sites
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- Aug 16, 2026
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China seeks to position digital yuan for cross-border trade settlements - Asia Asset Management (opens the original)
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Cross-border e-CNY Transfer Services, or CBETS, marks Beijing’s latest step to position the digital yuan as a settlement tool for trade, remittances and other cross-border financial flows rather than purely for retail payments. The blockchain-based infrastructure designed to support international settlements in digital yuan is run by e-CNY Centre International Company, a Shanghai-based firm that’s managed by the People’s Bank of China (PBOC), the Chinese central bank. This June, the firm signed
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