Digital Yuan Means Even More Control Over People of China

Digital Yuan Means Even More Control Over People of China
A sign for China's new digital currency, the electronic Chinese yuan (e-CNY), is displayed at a shopping mall in Shanghai, China, on March 8, 2021. STR/AFP via Getty Images
James Gorrie
Updated:
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Commentary

Beijing takes the lead in central bank digital currencies (CBDC) and the new era of expanding monetary and currency control around the world.

James Gorrie
James Gorrie
Author
James R. Gorrie is the author of “The China Crisis” (Wiley, 2013) and writes on his blog, TheBananaRepublican.com. He is based in Southern California.
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