China’s Trump Card: Cryptocurrency and Its Game-Changing Role in Sino-US Trade
n Economist Raymond Yeung’s book offers a ‘provocative’ idea to fix the widening trade imbalance n Creating a globally used digital currency would weaken the US dollar, making the suggestion nearly impossible to implement in the real world n Economic rivalry between the United States and China has given rise to the need to create a new currency standard to replace the fiat money system, economist Raymond Yeung writes in his new book. The US dollar will cease to be the de facto world currency …
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