This research focuses on the potentially revolutionary role of the Chinese digital currency, the Electronic Renminbi, in reshaping the Chinese banking system and transnational geopolitical and economic dynamics. The e-RMB, part of the Chinese reform agenda since 2015, aims to redefine international balances by challenging the dominance of the US dollar. The Chinese strategy, exemplified by initiatives like the Belt and Road Initiative, seeks to transition from American unipolarity to a multipolar system, ensuring stability for China’s economic growth. The e-RMB presents a seemingly liberal standard with privacy guarantees, but it actually aims to build a parallel system based on authoritarian capitalism and surveillance in the new territories of cyberspace.

La moneta digitale cinese nel confronto geopolitico / Cuomo, Federico. - In: DOCUMENTI GEOGRAFICI. - ISSN 2281-7549. - 1:(2024), pp. 465-498.

La moneta digitale cinese nel confronto geopolitico

Federico Cuomo
2024-01-01

Abstract

This research focuses on the potentially revolutionary role of the Chinese digital currency, the Electronic Renminbi, in reshaping the Chinese banking system and transnational geopolitical and economic dynamics. The e-RMB, part of the Chinese reform agenda since 2015, aims to redefine international balances by challenging the dominance of the US dollar. The Chinese strategy, exemplified by initiatives like the Belt and Road Initiative, seeks to transition from American unipolarity to a multipolar system, ensuring stability for China’s economic growth. The e-RMB presents a seemingly liberal standard with privacy guarantees, but it actually aims to build a parallel system based on authoritarian capitalism and surveillance in the new territories of cyberspace.
2024
La moneta digitale cinese nel confronto geopolitico / Cuomo, Federico. - In: DOCUMENTI GEOGRAFICI. - ISSN 2281-7549. - 1:(2024), pp. 465-498.
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11388/339329
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