China says rejecting physical cash is illegal amid e-payments popularity

[senin]

In general, this is a smart decision, with which I completely agree. Cash turnover contributes to the growth of the state economy. Electronic money is tied to various technical means and the work schedule of various financial institutions and may not always be applicable. Therefore, cash should work in every state and should not be forgotten.

[binhvo1505]

In my opinion, they are doing exactly what they have. China has been famous for manipulating currency values. They often undermine their value when there is a tax crackdown with the United States and other events in previous years.
That's why they always worship fiat money and oppose a cashless society.