As testing continues on China’s much-anticipated digital currency, how much will this help to internationalize the Renminbi while undermining the US dollar? Image credit: Shutterstock
How will the digital yuan impact luxury consumption?
Posted By a Luxury Daily columnist On In Featured,Industry sectors,Retail | No Comments
As testing continues on China’s much-anticipated digital currency, how much will this help to internationalize the Renminbi while undermining the US dollar? Image credit: Shutterstock
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wuzvbW6AC6\/jjW+X7EhcJT6II8RNihM7v9t3qOoLO3bxEhsxEztaAimTE3f2k\/WOD5Wi+M3TMhMyhFetJIrB\/Ai3Dk3G2KnOaUkOUMddpEY8dV2ZtAaqnrLXl9zN+c99LHLGpBYrwNi6\/4w5UTQn840DpLZ\/WY21e0ZaFFINwN7FwhMUjuRlLjyO+YZdQ+LvTYwCuxoZFGYMJ5Y5NHycCl6t28KifFBp9yrOaYE7jwD3TBLH6NpIx68S9b5b7Vm0H+c0Dwfv3aLUltf\/MYJZ6iqg90XYrowc8kHgO+e\/xxzFF2oa0A0p7BTrC\/05keZpX5hbcrDXvzy70XyBQ6fAlAOPQi2EtMRosgn4CgiH9Z\/dleevcKZtayC6nLFQKtSWUnytjZAP4M58FPa8d0Jay0vbbVj2b27ipa5c3Bc6+X02Ajx6zGBj1zNa4uQJO4bv5ApZONlpJU\/lqJrpf2lULRW5cyH3TOuC7keuFCmGYr1vNrKPvlE0EdjywlTH6mHbAyNwCOffhYW5pfydbWzSo2r8EvmPLTKGFqM4eGW1aF8mq6Sru\/LehtEyvMs5q8acq6DYwT66B\/VdeFoW0KEcNX+uplo90Y8kv63Bfx\/WXx17R5t1i8CzoZrBusKARXGKotuEZlM0ZBamLlgWs4Mq2nVrKr3fuF9\/e43ghXOh1UxANYvi+hHKlMayFegYDyo1xZuK2TfKJq1CZL+m9PXS6ndw6P64aKiCxxTtTc+59ZjQKMOPv8xY\/JqJmKkSiosVpj+LJ7qnDIo4WtkiZ5TCAdNGiZ0ZVlWxtwI8zf2+XLUtVmEFVxWiKk1Jf90NgKP+RWZZDcdRZIQe1SY7V4XnUgW14s9r4f4gmqWpsjSyqBEEX5A\/KHSvLgXLlEK9m0tK6NUBTaEhY8KITkZH5tNWOlzesR6wtDUqZBR6hJ8k5U8f4nh6SoEsORb8y8sMIaFAMb7t3NemtCYr05FTLDjNeXYpKTxJMaYawIRfkDo8zwbnk4TZ5nB3z98eH2ER3cIrHT6IBXxWCzIBxMOttmH2zk4w2oHEN0F2t+UmUrP80ErolNaud7BEIcUf39GtTrESpisGAVYXrxkWrQ4Ebeb\/Yh3NgONGAaNvCCcYCkU7M1EC+fUDlqOENEyM9uhpWD\/1lSIxgrtHMb4079CD5QGncL8Yb+HSPbl7GuF46RWlAQASDvBO7HZpRMRSXYl0Kr3GvE4M0TUzlOd\/bdA\/GeX9begRR4H9bTDVbD\/MY2NU3lb3i1ty4K6zKuHEKW8qTnuYkimHweB2E0VA3z9sp3LuBCR9tHXsmxsZd7CytZmYpY91c5PYGhYc1pzgWKJ6AAwP\/xORqFdBBnO7VQ44Q+v8x9O5LuAxY7MVq5YgMq2V9Zr0I12TAenNEdqNKU8VMzSBPtcrTQKzZg2yg00StUGmGofXuGVerJOlft9EipJXlazBefBdIabx7mEgS7YdfhlT12NL3jc4dR1zOLf+O\/\/1WLLI9y2Q7KJP5bKfhOFPUUYwcONnUhumUMdWU\/KZGerpp7KjDusJ1MqpR+Hrj9EP3LvgkAv9AznEv266MS5cRYSYyN8XRlYqScQmNCD0gHTxOyG6BChnWyxO90\/6I+whHaBolXz1fn4EVPvkS7NtQBf+WKhbJ1PrKr5BAp6mnsly7vnQ2QfwbSHCgwFj54RoM5tbCBd2vfqv0Lu1BE949jSdzzN2DjJwkkypZUw+p8z7tTfSow8\/jU57WN1LYcz+Inq63bkkpyMP1ox1z\/e46CafR2XQ8T7CKrUxPBnIJU8kgz1tSRgZ\/bsbNXjMZwfhx\/RF4bwDplsPcpLGcWaOJvNC5I+0Oh91K8h1gj+uqzJxwH+BKHw6fO+N4vZUFJsLWottW5igd9djPRd7pOmE6uXvC5dw2Sy48YidkYuvnVn1r\/9moOyC0wrWISTJiLMpIOmRFLGZsNOJR6sABQSQE6o6QgN5f2GdMw+153YJWELdzkoVZUfoNRsFvh3LX5t0JNk47D6z5ooJNUcOtJKzGKXSVcVzh6uDpidamsvxOrRfqR5AWE2qhPrbmSJeTYF3EU0IVfZc+5wVXJJi\/brZKSBkbsGgeCaUXtH9cXvVAtMXGKIXC2As9pF3L9hyVAHRZU7zHsSlWGkGpfFJMN8dm2IyDUN9BaOsl9cZ1cQGqJleRzfrFo0nxzhUeFvSmtWKKr8jqLd8FXgXMZZO7iZMd5w0sHm5yb7fjKkRTybvCL5roIaWURxUzKRUOM2Xvsx12AjwDtY0qikDwzfqzWVHt2Kjfp5k3IZ4J4IpNGBsiIlEB5jhL58j+9brpjHUKJAE\/7M\/JNpm2Ql24tmie1jGMwfMZc2rRrIiOFc+ZVzUP9dZMUaeOjdjJfrs6Cf7Iawn+\/H2l+BIjEQpoKfv10PcjrpMLpCNvPfhwoyHP2yL\/rFgzBXCILgMpM7Ox3+uDIPXlkx9V9xZ2BDUPFiDiXP80Fd0m9no5q+mScNPPUXo4CHYXMCw+13k21RODe1VSsfHaeeXTVyUGkZ7YZEnIHRsOPt7eekZYvlcHbfzW8ApogBnmjjOzcwQmovllSHD0DOX6qSPkkdzeJyVyL\/1hk68BkDEhd2JktZ5k7jx+KxxRJafayRACsZnSsBAxP3QUCfFAVc91SovjjwVRMg68uyimvvdk5Fb\/DNtSYgQK+4Jfc2jvgVVlfKIs56F4+M+Ky29GZQ8uIiJ4m\/4D5OtQMPqHhxbRomVdcIqCwgsduh\/Kly4pz8BPFYaXTqvbB4+QssuBQv3NMPD2amlP4ja3dx3E11\/Enx17n1RT9LTHBSl7+w\/tk+yj5tWu+BUgD8FCNo+NHFv61N4PTzz1aXQWdiYACASQuNyxEqo9rz9UgCfXRQIXIg\/A8czQyljrryvC4sLb6Xiw7OGV4J8j2MY4suifsosEEYdGJkfbup9PKvZ1mSgbZLTmrXyz00uZT8slNNeA3lZQsdcgURoz2pAnm\/skbD3eYG2fwXg\/Hr8tV6zETnvE\/SAN7M4PGAj3YVzgO1Ocz6woDHkqC1xzXVrmA7vWe+CSOTlOyyhpwYCKC6C\/E1ZVzcUZ\/e\/YJaLZj5CjmVxxg9a9e5emX2tz5KDKpBPscLfucz5nWe7fyMx3p0Q\/EBpBADQiAcrCuRaQjSlo2SSjVfC8z3mOyn3\/rmg2wiF0gpl5mi\/LMTCOq7SlVFsqZVOmldRzYhJJJbylPB48tt+OcRNJsJrXfGjZqzt5JIsGYsdCegAl7PPDrPrbH\/JgIa\/kyvtYPf94HXZX6uaqS4IKsxQfG6BnnBFIEMJ7nvEFltuzAqu9OUwW21AEqgGFNrAzH3+0dUb+xPGty9\/ZUtl2uP9isVwlObwB6J+D\/nsKWefgzn0BbsybjS3g1CWP5IjYVF5t9bdjkYkzNcOKfcxByFCGvnKo03tyw6l8diROhiGofL53YFfrCN2V9Qq8XRm+D00mPy3qwmz4bOub15Nw9z8rEtLLcxlu3Uo2WtQhPrPNOotm2qvudJ9\/VhTZ+PkzGJcaF76J4wXsAIj5HXC9uNUWC1TacQPDuGqj\/wUfADFLyKJRHGvSBa20yGJc\/BuCEVCSgZgpodiUI6x6qwX7whPQZhC5qupvo5XgG8NbgUxdJx2SURtL2oxbwaknUX6XsriqqvqvBo5bE8KkTOc\/g8UjW4ktZhExjJhevL2snkY2vZjD31znmbEWFQ1MiO1IfRkELd4OsvKxRxI5ig28c1SHkdHUP+9dTyIpqi10nV\/EB2JhoJDHW9egTkupvHebkHex+CU9+bk8GFKhp3HzI5ZFsgRtxxgCafplRXNai0t2wpWVMAMv0omHZjAa7kilU3s1puk2PTpwufAJoZMUnqMGAYJmMOr2SHsVH3RhMJDwq+kxJRCyykyXSeu+2P7fWkB+n24n9tGGVtKqb3Ildg6JmbSGxnxuYjTXDv1R+uyxjstffeoPwGZwcsTMYpDUoWDAbORo8pxbNvIqwRCbJnvrdQIYOJ1hpCKOOveDyMIs9\/0MiAndQc1gOk+IhYFay00SM4mSKlkUxiMVzSjAesWmbxrxRi2VXoDeDwwoGzeeJ348plBLSRNJ3LEjyOB1uhxNbSneAcLIgYCCJaoKvUuOboUDsy+ss5aHNQ8APZsF3fqJ25szIrvrEkKDABSCwVftlyu55+pw3Y93kXIAe41SwC9PR2BCTqjOo6OnPW9x\/D8FSyPGzhydJZqfsu4n+dVvDDffoWfoh+BgTEnSuN2x\/dVm4l1snVDxVVipVh9A7qtZ\/gigjHW5Mz4YZ6DNfpRtMjRGpRvr4cj0\/2a60Z0M5fbp4","iv":"26208f4ad214999ec862518f2d0e40d3","s":"8c7aaf2c7bf72f0a"}