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    China expands digital yuan network with 8 new banks to accelerate adoption

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    Source: South China Morning Post
    Published: 2026-08-17 22:00 UTC+10:00
    Section: General
    Factuality Score: 100
    Opinion Category: Neutral
    Topics: Business, Asia, Economy & Finance, China, Labour & Workers, Business & Economy, Asia Pacific, Technology
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    Snippet:
    China launched the digital yuan in 2019, but retail adoption has been slow as Chinese consumers are accustomed to using Alipay and WeChat Pay
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