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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.

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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