China Creates Its Own Digital Currency, a First for Major Economy - WSJ

A cyber yuan stands to give Beijing power to track spending in real time, plus money unlinked to the global financial system dominated by the dollar. It also could soften the bite of U.S. sanctions.
Link Mon, Apr 05, 2021
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A cyber yuan stands to give Beijing power to track spending in real time, plus money unlinked to the global financial system dominated by the dollar. It also could soften the bite of U.S. sanctions.