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":"79f4d5b6df4b41d6876f399ba0dd2074","s":"4106efa345b8e5ee"}