Accusation of the spread of Coronavirus by many countries, sour trade relations with US, chipping away of Hong Kong’s autonomous status and the issue of Taiwan has made China feel threatened. With the added tension along the LAC and Chinese troops built up around the LAC, Beijing has embarked on the strategy of brinkmanship, with several goals in mind. The article has put light on the how this strategy of brinkmanship could cause China further problems not only in geopolitics but in world trade as well.
While the world is struggling with the fallout of the COVID-19 pandemic, China is silently gearing up for a digital revolution. In April 2020, China initiated its central bank digital currency which is christened as Digital Currency Electronic Payment (DCEP)… [Read More]
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