China is expanding the testing of digital yuan currency to prepare for any further restrictions on its companies by the US.
So far, US President Donald Trump has effectively banned Huawei in the US and from doing business with US suppliers globally.
Huawei is the leading Chinese telecommunications equipment provider, supplying 5G systems to many countries abroad, and it offers a successful line of smartphones. [Read more…] about China expands testing of digital currency in case US bans yuan