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Sinolytics Radar

Wird der digitale Yuan zum internationalen Vorbild?

Chinas Zentralbank hat im Schatten der aufgeregten Weltpolitik mit verschiedenen E-Yuan- Zahlungsanwendungen still und leise ein Projekt von potenziell geopolitischer Tragweite vorangetrieben. Es bleibt jedoch fraglich, ob der zentralisierte Ansatz Pekings Einfluss auf internationale Zahlungssysteme voranbringen kann.

Von Experts Table.Briefings

Sinolytics Radar

Will the digital yuan become an international model?

While the geopolitical focus on China currently revolves around US-China tensions, semiconductors and Covid restrictions, China’s central bank has been silently pushing another project of potentially geopolitical significance. Since 2020, the People’s Bank of China (PBoC) has been conducting trials for a “Central Bank Digital Currency” (CBDC), experimenting with various e-CNY digital payment applications for restaurant, entertainment and public services. However, whether this centralized solution can aid China’s ambitions to influence international payment systems remains in question.

Von Experts Table.Briefings

Feature

New social credit law: systems grow together

A new law is to bring together China's various social points systems. It should be noted that many authorities with different goals have contributed to the draft. But it already points the way to a future with even closer-meshed monitoring.

Von

221115 -- BALI, Nov. 15, 2022 -- Chinese President Xi Jinping delivers a speech titled Working Together to Meet the Challenges of Our Times and Build a Better Future at the 17th summit of the Group of 20 G20 in Bali, Indonesia, Nov. 15, 2022. The G20 summit kicked off here on Tuesday.  INDONESIA-BALI-XI JINPING-G20 SUMMIT-SPEECH JuxPeng PUBLICATIONxNOTxINxCHN
Feature

Xi's comeback as diplomatic jack-of-all-trades

At the G20 summit in Bali Xi Jinping stormed back onto the world political stage. He wants to regain diplomatic ground for China after his long Covid isolation. To do so, he is apparently even willing to compromise on the final declaration.

Von Michael Radunski

Analyse

„Unsere Mitglieder haben das Lagerdenken satt“

Ludger Schuknecht, Vizechef der Asian Infrastructure Investment Bank (AIIB), spricht mit Frank Sieren über den G20-Gipfel in dieser Woche, nachhaltige marktwirtschaftliche Finanzierung in Asien und das Verhältnis der Bank zum mächtigen China. Die AIIB ist das von China initiierte Gegenstück zur Weltbank.

Von Redaktion Table