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China s Diplomatic and Political Approach in Latin America and the Caribbean

China s Diplomatic and Political Approach in Latin America and the Caribbean
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China s Digital Yuan Comes With An Expiration Date

by Tyler Durden It s been a long time coming, and now it s almost here. Last August we reported that China s Commerce Ministry had released fresh details of a pilot program for the country s central bank digital currency (CBDC) to be expanded to several metropolitan areas, including Guangdong-Hong Kong-Macao Greater Bay Area, Beijing-Tianjin-Hebei region, and Yangtze River Delta region. This was the inevitable culmination of a process which started back in 2014 when as we reported at the time, China Readies Digital Currency, IMF Says Extremely Beneficial . Fast forward a few months when China s preparations to rollout a digital yuan gathered pace, and we reported in October that

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