The digital yuan offers China a way to dodge the dollar
In Beijing, officials are preparing for conflict
In recent military drills, China has simulated an invasion of Taiwan, which it considers a “renegade province”. Talk of war has preoccupied Chinese bloggers, pundits and politicians since Nancy Pelosi, speaker of America’s House of Representatives, visited Taipei in August.
This article appeared in the Finance & economics section of the print edition under the headline “Dodging the dollar”
Finance & economics September 10th 2022
From the September 10th 2022 edition
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Trump wastes no time in reigniting trade wars
Canada and Mexico look likely to suffer
How Trump, Starmer and Macron can avoid a debt crunch
With deficits soaring, their finance ministers will have to be smart
What Scott Bessent’s appointment means for the Trump administration
The president-elect’s nominee for treasury secretary faces a gruelling job
What Donald Trump and Bernie Sanders get wrong about credit cards
Forget interest rates. Rewards are the real problem
Computers unleashed economic growth. Will artificial intelligence?
Two years after ChatGPT-3.5 arrived, progress has been slower than expected
Should investors just give up on stocks outside America?
No, but it is getting a lot harder to keep the faith