In recent years, the Chinese government has made great strides in introducing the digital central bank currency. Europe should not waste any more time and digitize the euro quickly – and just like the Chinese, in a first step as an ECB interbank standard that commercial banks can then pass on to end customers.
Von Redaktion Table
Italy has recently been considered an unsteady partner – not only for Brussels but also in Beijing. With regard to China, the government in Rome has undergone a 180-degree turnaround in just two years: At the end of 2018, the relationship was relatively close, then a "transatlantic conversion" took place, which is now being continued by Draghi. This is also affecting the implementation of BRI projects. In this series, China.Table reports on the relations of all EU member states with China.
Von Amelie Richter
Even if the World Bank now applies a different standard to China and poverty in the most populous country is still far from being overcome, the Chinese leadership has achieved a great deal in the fight against poverty. The goal of urbanizing the rural population is now to give way to revitalizing rural regions.
Von Felix Lee