Yuan to act as global currency 'anchor': Chinese finance expert

Digital economy offer opportunities, but dollar remains predominant currency

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Sun Lijian, a professor of finance at China's Fudan University, talks to the Nikkei about the prospects for the yuan to become a major international reserve currency.

IORI KAWATE, Nikkei staff writer

BEIJING -- China is forecast to overtake the U.S. as the world's largest economy as early as 2030 and is striving to raise the international stature of its currency to a level befitting the country's economic might. As part of its effort, China is stepping up its promotion of central bank digital currencies.

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