Digital Yuan Will ‘Hardly Put a Dent’ in USD Dominance, Says Expert

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Digital Yuan Will ‘Hardly Put a Dent’ in USD Dominance, Says Expert

China’s forthcoming digital yuan rollout will not pose a threat to American dollar dominance, says a leading economist – although the Middle Kingdom has already “leapfrogged” the West when it comes to digital payment infrastructure and innovation.
In an opinion piece published by Project Syndicate, Indian economist Eswar Prasad, a Professor of Trade Policy at Cornell  Read more »
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