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China’s latest digital currency test doubles down on previous trial, nudging merchants and consumers to embrace e-yuan

Summary:
[unable to retrieve full-text content]A small team from China Construction Bank visited Ma Fei’s snack store at a shopping centre in Suzhou city in late November, asking Ma to join a trial of China’s new digital currency. Ma, the shopkeeper, refused to join, saying he had no need nor desire to take part in the programme.A few days later, the mall’s management got involved, telling Ma that the digital yuan scheme was a government project and that he had better participate. This time, Ma, in his thirties, agreed to give it a try…

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[unable to retrieve full-text content]
A small team from China Construction Bank visited Ma Fei’s snack store at a shopping centre in Suzhou city in late November, asking Ma to join a trial of China’s new digital currency. Ma, the shopkeeper, refused to join, saying he had no need nor desire to take part in the programme.A few days later, the mall’s management got involved, telling Ma that the digital yuan scheme was a government project and that he had better participate. This time, Ma, in his thirties, agreed to give it a try…

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