ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

Beijing's digital yuan policy will have its Huawei moment

Privacy concerns rise as central bank covets data now held by Alipay and WeChat

The digital yuan, undergoing trial runs in several cities, is due to be formally launched before China holds the Winter Olympics next year.   © Reuters

One of China's ancient "36 stratagems" for winning advantage over an adversary is called "killing with a borrowed knife." It refers to the ploy of using another's strength to achieve one's aims.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more