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China's Trump Card - Cryptocurrency and its Game-Changing Role in Sino-US Trade (Hardcover)
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China's Trump Card - Cryptocurrency and its Game-Changing Role in Sino-US Trade (Hardcover)
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Discover the impact of blockchain on the trade relationship between
the world's two largest economies China's Trump Card:
Cryptocurrency and its Game-Changing Role in Sino-US Trade grapples
with the fascinating issue of the effect of digital currencies on
world trade and the relationship between China and the United
States in particular. Full of forward-looking insights, solid data
analysis, extensive collection of relevant literature and incisive
observations, author Raymond Yeung compellingly argues that
cryptocurrencies will have a significant role to play in
harmonizing geopolitical power struggles. Covering all the subjects
required for a full understanding of the future of the Sino-US
trade relationship, China's Trump Card discusses: The looming risks
of de-dollarization in the wake of de-globalization The pressing
need to construct a new currency standard superior to the fiat
money regime in response to the global imbalance. China's
diversification of its offshore portfolios to include alternative
investments The implications of Facebook's plan to create a
blockchain-based digital currency The fact that blockchain offers a
fungible asset class option for China's reserves investment, which
can be relatively independent of political considerations This book
is perfect for business leaders, investors, financial analysts,
policymakers, economists, fintech developers and others who have a
stake in the outcome of the blossoming trade disputes between the
United States and China.
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