China's Trump Card

ebook Cryptocurrency and its Game-Changing Role in Sino-US Trade

By Raymond Yeung

cover image of China's Trump Card

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Discover the impact of blockchain on the trade relationship between the world's two largest economies

China's Trump Card: Cryptocurrency and its Game-Changing Role in Sino-US Trade grapples with the fascinating issue of the effect of digital currencies on world trade and the relationship between China and the United States in particular. Full of forward-looking insights, solid data analysis, extensive collection of relevant literature and incisive observations, author Raymond Yeung compellingly argues that cryptocurrencies will have a significant role to play in harmonizing geopolitical power struggles.

Covering all the subjects required for a full understanding of the future of the Sino-US trade relationship, China's Trump Card discusses:

  • The looming risks of de-dollarization in the wake of de-globalization
  • The pressing need to construct a new currency standard superior to the fiat money regime in response to the global imbalance
  • China's diversification of its offshore portfolios to include alternative investments
  • The implications of Facebook's plan to create a blockchain-based digital currency
  • The fact that blockchain offers a fungible asset class option for China's reserves investment, which can be relatively independent of political considerations
  • This book is perfect for business leaders, investors, financial analysts, policymakers, economists, fintech developers and others who have a stake in the outcome of the blossoming trade disputes between the United States and China.

    China's Trump Card