In this special “best of ChinaPower” episode, Dr. Kevin Desouza joins us to discuss China’s plans to create a national digital currency. Dr. Desouza explains Beijing’s underlying motivations for developing its own Central Bank Digital Currency (CBDC), and how it aligns with China’s broader goal to become a leader in technology and innovation. He highlights the key benefits of using digital currencies and the possible effects on the Chinese economy, as well as discusses the potential impact of COVID-19 on the roll-out of a CBDC in China.
Keyword:economics
The Impact of China’s Dominant Position in Global Supply Chains: A Conversation with Wang Tao
In this episode, Dr. Wang Tao joins us to discuss the factors behind China’s shifting role in global supply chains. Dr. Wang explains how China came to play such a dominant role in global manufacturing and the potential consequences of reshoring or moving supply chains elsewhere. She also details the results of a recent survey on North Asia CFOs about intentions to move production out of China, particularly analyzing the COVID-19 pandemic’s role in these decisions. Finally, Dr. Wang speaks to the potential impact of the Hong Kong national security law on supply chain decisions.
Unveiling China’s Digital Currency Goals: A Conversation with Kevin Desouza
In this episode, Dr. Kevin Desouza joins us to discuss China’s plans to create a national digital currency. Dr. Desouza explains Beijing’s underlying motivations for developing its own Central Bank Digital Currency (CBDC), and how it aligns with China’s broader goal to become a leader in technology and innovation. He highlights the key benefits of using digital currencies and the possible effects on the Chinese economy, as well as discusses the potential impact of COVID-19 on the roll-out of a CBDC in China.
Friction in China-Czech Relations: A Conversation with Richard Turcsányi
In this episode, Dr. Richard Turcsányi joins us to discuss the ups and downs of China-Czech relations, as well as the attitudes within the Czech Republic toward China. Dr. Turcsányi explains the motivations behind the cancellation of the sister city agreement between Prague and Beijing, critical comments about China by the Czech intelligence agency, and China’s investment activities in the Czech Republic. He also discusses how Czech President Miloš Zeman struggles to balance his relationship with the domestic public and China.
China and the World Trade Organization: A Conversation with Tu Xinquan
In this episode, Dr. Tu Xinquan joins us to discuss China’s relationship with the World Trade Organization (WTO) and the economic impact of its membership since joining in 2001. Dr. Tu evaluates China’s compliance with its WTO obligations, as well as its use of the WTO’s trade dispute mechanism. He also explains China’s recommendations for WTO reform and the role it seeks to play in the organization moving forward.
China and the 10th BRICS Summit: A Conversation with Duncan Innes-Ker
In this episode, Duncan Innes-Ker joins us to discuss China’s standing among BRICS nations and the outcomes of the 10th BRICS summit. Mr. Innes-Ker touches on areas of potential cooperation amidst great variation in member states’ political and economic systems, as well as China’s past, present, and future role in the group.
Unpacking US-China Trade Relations: A Conversation with Dan Rosen
In this episode, Dan Rosen joins us to discuss the US and Chinese positions on the bilateral trade relationship. We unpack both sides’ demands, including Chinese requests for the US to lift restrictions on high-technology transfer and support market economic status for China, and US requests for China to end forced technology transfer and provide subsidies to Chinese companies. Mr. Rosen describes what a potential deal could look like.
China’s Tango with Latin America and the Caribbean: A Conversation with Evan Ellis
In this episode, Dr. Evan Ellis joins us to discuss China’s growing presence in Latin America and the Caribbean. He also examines the perceptions of China’s activities and the United States’ response to China’s engagements with nations in the region.