Showing posts with label Foreign Affairs. Show all posts
Showing posts with label Foreign Affairs. Show all posts
Wednesday, September 09, 2020
Could China’s Digital Currency Unseat The Dollar?
It will. China became the first major economy to conduct a real world test of a national digital currency. The pilot project, which has occurred in four large Chinese cities, is a clear sign that China is years ahead of the United States in the development of what is likely to become a central component of a digital world economy.
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