观点区块链与数字货币

China’s digital currency is threat to dollar dominance

Beijing’s ambitions could spur acceptance of renminbi as main rival to US currency

The writer is chief investment officer for Templeton Global Macro

Markets have been gripped by cryptocurrency fever. The price of bitcoin has attained new highs while debate has raged over the emergence of cryptocurrency technology.

But these may be a sideshow for a big developing trend — the rapid digitalisation of the renminbi.

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