• Home
  • Login
  • Register
Currency Insider
  • Home
  • Reading Library
  • CBDC Think Tank
SUBSCRIBE
No Result
View All Result
Currency Insider
  • Home
  • Reading Library
  • CBDC Think Tank
Currency Insider
No Result
View All Result

Central Bank Digital Currencies And The U.S./China Great Power Competition

by CBDC Insider
October 23, 2020
in Asia, Business, US
Reading Time: 2min read
0
Central Bank Digital Currencies And The U.S./China Great Power Competition
Share on FacebookShare on Twitter

Tensions heighten between the United States and China amid trade wars, COVID-19, a chaotic presidential election period, disputes over Tibet, and increasing pressure at the Taiwan Strait.

The “Great Power Competition” (GPC) is a termed now commonly used to describe the global affairs between the United States and China. Technology, specifically dual-use technology (which has both military and civil use), plays a critical role within the GPC. The United States has taken steps to secure its advances in dual-use technology, most recently with the ban of exportation of such material to Hong Kong in mid-2020.

Whether you view the dollar primacy since Bretton Woods as an advantage or a burden for the U.S., you may agree that currency control plays a role in the GPC. A Central Bank Digital Currency (CBDC) being deployed by China could have immense implications for the role of the Dollar as the global reserve currency and the political stability of the US-Chinese relations.

RELATED STORIES

Japan to Set Up Panel on Central Bank Digital Currency

Japan to Set Up Panel on Central Bank Digital Currency

March 30, 2023
Russia Delays Digital Ruble Launch Testing Due to Lawmaking Process

Russia Delays Digital Ruble Launch Testing Due to Lawmaking Process

March 30, 2023

Rad more: https://www.forbes.com/sites/nicholasgans/2020/10/23/central-bank-digital-currencies-and-the-uschina-great-power-competition/#55878b097c43

Previous Post

VoxEU: A Proposal For an Asian Digital Common Currency

Next Post

Seoul Unsure Who Takes the Buck for North’s Crypto Raids

Next Post
Seoul Unsure Who Takes the Buck for North’s Crypto Raids

Seoul Unsure Who Takes the Buck for North’s Crypto Raids

© 2022 CBDC Insider

No Result
View All Result
  • Home
  • Map
  • Reading Library
  • CBDC Think Tank
  • Partners
    • DEA
  • Login
  • Register