Beijing uses the acronym DCEP to refer to its forthcoming digital currency electronic payment system and, as Matthew Gu noted, has “borrowed a lot of its technological details from blockchain,” including concepts such as UTXO.
So, Will China's Digital Yuan Target the Dollar Or Bitcoin?
It wont be targeting neither of that two since this is just a simple transition from that Fiat Yuan to Digital one and of course any country would really have the power to do that on making up such changes
yet we know that we are always bound to make up some changes and also becoming digital doesnt mean that it do attack on what are things that are currently do exist.
They can make or create all they want but they cant really able to stop neither of those two that had been mentioned.