China is sprinting its testing on the digital yuan. It will not take too long before the digital Yuan is executed and it believes China will become less independent of the US Dollar.
What do you mean by "executed"? e-CNY is already released and is being used. They passed some crazy number of transactions a while ago too.
Is this a good thing or will China become even more economically powerful and therefore a threat?
China is already a massive economy, and it didn't become this big by creating centralized shitcoins. They became big by having an economy that is based on production not fake one based on credit and debt. As long as China keeps flooding other countries with their various products at much cheaper prices, they will continue growing economically.
Which again has nothing to do with their CBDC or Dollar.
Many countries are now starting to resist the influence of China.
Do you have anything I can read on this?