✉news BusinessEconomy first seen 1 d ago, last 1 d ago, peak #11
China's e-CNY digital currency reform examined
Original: The political economy of China’s e-CNY reform
A new analysis examines the political economy behind China's e-CNY, the digital yuan, looking at how the central bank digital currency is reshaping interests among regulators, banks and payment platforms. It argues that the reform's progress depends less on technology than on institutional politics and the balance of power in China's financial system, with implications for monetary policy and financial control.
Why now: Interest in China's digital yuan persists as governments and markets weigh the impact of central bank digital currencies on finance and geopolitics.
Chinae-CNYPeople's Bank of ChinaEast Asia Forum
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- The political economy of China’s e-CNY reform · East Asia Forum
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