• NEWS
  • SHENZHEN: SELF-RELIANCE AND SOVEREIGN DIGITAL CURRENCY

SHENZHEN: SELF-RELIANCE AND SOVEREIGN DIGITAL CURRENCY

In CAA Policy Brief Dominik Mierzejewski refers to the latest visit of Chairman Xi Jinping to Guangdong and Shenzhen in particular.

As the NDRC document says Shenzhen is designated to play the pivotal role in at least two critical pillars: as a self-reliant place for further fundraising, and as the most important part of China’s new currency regulations’ global sovereign digital currency hub. What are the consequences for domestic, horizontal relations between Shenzhen and other actors and whether the digital currency will oust USD from the global markets? To check it out, please download the Policy Brief here.