Pakistan, May 18 -- The outbreak of Covid19 has certainly turned the global dynamics and has given birth to new inventions, innovations, and most importantly restructuring from the institutional level to everyday lifestyles. The origin station of global shift China which is the second-largest world economy on a nominal basis in terms of Gross Domestic Product (GDP) and number one ranked in terms of Purchasing Power Parity (PPP) has launched its very own digital currency backed by the Chinese Central Bank. It is known as the electronic Renminbi (e-RMB) that can change the world finance forever. Thus, it is required to know the basics of the Chinese currency, reasons behind launching the e-RMB, technical aspects of e-RMB, China's monetary s...