China News Analysis Daily

Ep22 Upraising Chinas digital currency - Challenges for US dollar


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China has began trialing payments in its new digital currency in four major cities. In recent months, China's central bank has stepped up its development of the e-RMB, which is set to be the first digital currencyoperated by a major economy. If the world was not under Corona virus lockdown, the flash news would be about China's digital currency which is now challenging US dollar and its hegemony. Trade war, tech war, blame war, Whats next? Currency war? 

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China News Analysis DailyBy Vithiyapathy Purushothaman 李拯