చైనాలో డిజిటల్ కరెన్సీ, 50కి పైగా దేశాలలో ఆసక్తి || China Launches Digital Currency, 50 Nations Keen
In April 2020, the People’s Bank of China (PBoC) stepped up the development of an electronic yuan, slated to become one of the first digital currencies created and managed by the government rather than a private corporation.
At the same time, the Americans and their allies, believing that China is actively gunning to become the global leader against this background, are increasing pressure against Beijing in any way they can. This is being done by military methods and through information attacks such as accusations the government is responsible for the coronavirus and spreading disinformation around the world.
An important instrument of pressure on China are the calls coming from a significant number of authoritative American politicians to refuse to pay off their debt obligations to China.
The prospect of sanctions and even disconnection from the SWIFT system is looming on the horizon. Economic instruments of pressure are the most effective. China has turned into the main “world factory”, but it works in the financial system, fully tied to the US and the American dollar.
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చైనాలో డిజిటల్ కరెన్సీ, 50కి పైగా దేశాలలో ఆసక్తి || China Launches Digital Currency, 50 Nations Keen In April 2020, the People’s Bank of China (PBoC) stepped up the development of an electronic yuan, slated to become one of the first digital currencies created and managed by the government rather than a private corporation. At the same time, the Americans and their allies, believing that China is actively gunning to become the global leader against this background, are increasing pressure against Beijing in any way they can. This is being done by military methods and through information attacks such as accusations the government is responsible for the coronavirus and spreading disinformation around the world. An important instrument of pressure on China are the calls coming from a significant number of authoritative American politicians to refuse to pay off their debt obligations to China. The prospect of sanctions and even disconnection from the SWIFT system is looming on the horizon. Economic instruments of pressure are the most effective. China has turned into the main “world factory”, but it works in the financial system, fully tied to the US and the American dollar.