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Opinion

China's digital yuan is a transaction helper, not a Trojan horse

Beijing puts itself at the forefront of new currency development

| China
A sign indicating digital yuan, pictured in Shanghai on Apr. 21: China is the most prepared among the large economies to launch a plausible CBDC.   © Reuters

Nan Li is associate professor at the Antai College of Economics and Management at Shanghai Jiao Tong University. John D. Van Fleet supports industry relations for the Antai College.

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