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China's plan for a digital currency will have global implications
Manage episode 378829920 series 58
The Chinese Government, and its Central Bank, are currently experimenting with a digital currency. The hope is that it will make financial transactions faster, more efficient and cheaper for government, business and ordinary citizens. Some speculate it's about giving China's currency an edge over the PRC's major economic competitor, the United States. But whether Beijing's experiment succeeds or not will depend on matters of trust, surveillance and international appeal.
1062 επεισόδια
Manage episode 378829920 series 58
The Chinese Government, and its Central Bank, are currently experimenting with a digital currency. The hope is that it will make financial transactions faster, more efficient and cheaper for government, business and ordinary citizens. Some speculate it's about giving China's currency an edge over the PRC's major economic competitor, the United States. But whether Beijing's experiment succeeds or not will depend on matters of trust, surveillance and international appeal.
1062 επεισόδια
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