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China's Fast-Track to Financial Domination

Bloomberg Businessweek

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Could China's Fintech Revolution Really Work?

Martin Drizempa: If China launches a central bank digital currency, then the US could potentially be in a situation where we're analog in a sense. He says emerging markets have been adopting financial innovation much more quickly and more readily because they don't have the financial infrastructure that the developed world has. "The metaverse may be virtual, but the impact will be real," he says.

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