"The trade war and geopolitical issues have increased the risk of a financial decoupling between China and the US, the … the US and China escalates, with the US continuing to raise new tariffs on Chinese goods and China hitting back in kind …

’s aspirations to internationalize the renminbi by expanding its DCEP, potentially allowing China’s security agencies to monitor the … used China’s DCEP than Visa for digital transactions there. Western policymakers have expressed concerns over China … future of money,” and not without reason. China’s launch of its digital yuan begins a new era in payments, making China the …