Post
Topic
Board Economics
Re: Will the Digital Yuan makes China even more powerful?
by
Kupid002
on 28/10/2020, 14:52:59 UTC
China has been testing the Digital Yuan and soon the Digital Yuan (DCEP) will be implemented soon. Will this move make China even more independent and more powerful? And what are the consequences for the world trade?

Read the article: China Soon to Legalize Digital Yuan and Ban Other Stablecoins, DCEP to Work With WeChat and AliPay

Much moere advance compare to other country thats what I think will happen once they officially launch it and use by the people. It is a big help to their country in terms of technology and easy way to use money it may help to boost thier economy if they can use that money in a right way. and make it accessible not only in their country but in other part of the world that many Chinese business man is working and finding a way to make thier life easy with the help of technology.