A digital yuan?
China is moving towards a digital currency but there is a long way to go.
A digital currency has been a heated discussion among central banks around the globe, and China is no exception. Where does Renminbi stand in the debate, what's next and what would be the implications of a digital yuan? Professor , Chair of the National Institute of Financial Research at Tsinghua University and former Deputy Managing Director of the International Monetary Fund, shares his insight with Bruegel Director and Senior Fellow .
Relevant event:
with Guntram Wolff and Fabio Panetta
This episode is part of the ZhōngHuá Mundus series of The Sound of Economics.
ZhōngHuá Mundus is a newsletter by Bruegel, bringing you monthly analysis of China in the world, as seen from Europe.
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