Renminbi between digitalisation and internationalisation

Michael Sung, professor in the fintech research centre at Fudan University’s Fanhai International School of Finance, joins Pierre Ortlieb, economist at OMFIF, to discuss the People’s Bank of China’s digital currency project, the broader central bank digital currency ecosystem and China’s efforts to internationalise its currency. They delve into the mechanics of the PBoC’s digital currency/electronic payment and how it would operate with other CBDC projects.

Music: https://www.bensound.com/royalty-free-music