Lo discusses the global impact of China's initiative to develop a central bank digital currency--one of the first countries to try to establish an official crypto currency. The topics are China's central bank digital currency, the crypto disruption, disrupting the crypto disruption, decoding China's technology policy, breaking up the global payments system, the digital Belt and Road Initiative, the digital currency war, and renminbi versus dollar hegemony: the ultimate disruption. Distributed in North America by Turpin Distribution. Annotation ©2022 Ringgold, Inc., Portland, OR (protoview.com)
China has a leading edge over the advanced countries in process of digitalisation and has created the worlds first central bank digital currency, or CBDC. The business community is well aware of Chinas role in leading the way in global business disruption and innovation by being fast and first, global and local, and by investing in e-commerce platforms, big data, 5G network and artificial intelligence applications.
Applying economic theories and data analysis, Chi Lo discusses the impact of Chinas digital disruption to the worlds financial systems, trade and investment trends, economic policy, regulations and geopolitics. The Digital Renminbis Disruption analyses the uncharted territories in which world is moving into, such as Chinas expansion of its digital infrastructure to the developing world and even advanced economies. Unique to this study is the linking of the geopolitical and Chinas own domestic political developments with Chinas digitalisation process to articulate the hidden, and often misunderstood, themes and trends both within China and the global system.
Exposing hidden trends and systemic flaws and debunking myths, The Digital Renminbis Disruption contributes to revealing Chinas digital disruption and leads to a better understanding of upcoming potential volatility in the wake of the unfolding digital revolution.
Exposing hidden trends and systemic flaws and debunking myths, The Digital Renminbis Disruption contributes to revealing Chinas digital disruption and leads to a better understanding of upcoming potential volatility in the wake of the unfolding digital revolution.
China has a leading edge over the advanced countries in process of digitalisation and has created the worlds first central bank digital currency, or CBDC. The business community is well aware of Chinas role in leading the way in global business disruption and innovation by being fast and first, global and local, and by investing in e-commerce platforms, big data, 5G network and artificial intelligence applications. Applying economic theories and data analysis, Chi Lo discusses the impact of Chinas digital disruption to the worlds financial systems, trade and investment trends, economic policy, regulations and geopolitics. The Digital Renminbis Disruption analyses the uncharted territories in which world is moving into, such as Chinas expansion of its digital infrastructure to the developing world and even advanced economies. Unique to this study is the linking of the geopolitical and Chinas own domestic political developments with Chinas digitalisation process to articulate the hidden, and often misunderstood, themes and trends both within China and the global system. Exposing hidden trends and systemic flaws and debunking myths, The Digital Renminbis Disruption contributes to revealing Chinas digital disruption and leads to a better understanding of upcoming potential volatility in the wake of the unfolding digital revolution.
