It's so tough to pay cash in China that the government had to fine a KFC for not accepting banknotes
China recently fined several businesses, including a KFC, for refusing to accept cash. These are some of the most established companies in China, showing just how quickly cash has fallen from favor ...
SHANGHAI (Reuters) - China has told lenders to disinfect and store banknotes in a dry area for 7 days, as part of the battle to contain the contagious coronavirus, a newspaper reported on Wednesday.
In the fall of 2023, Xi Jinping made a rare visit to the nation’s mint following a trip to the central bank, according to people close to China’s decision-making. The visit laid bare Xi’s desire to ...
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