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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","iv":"b57046490896523b2b3bb1b39cda4c15","s":"70e7cbcf3992f636"}