Very good for China winner take all
I wonder if the relationship between US and China will improve if Biden becomes president.
No it won't who ever the president is it will never change the situation with China they are now battling for power .
And for digital yuan it's a wakeup call for every country to adopt this new technology and have thier own if they don't want to be left behind with other big countries.
I am not sure but as what i know china and US wasn't in good terms and the competition between this two countries gets stronger. China wants to prove that they will become a dominant country in terms of goods and services and so businesses. The development of digital yuan was an indication that this country has become open to digital currencies, and this may affect the economic growth of fiat.