China's Trump Card

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

China's Trump Card
Raymond Yeung
RRP:
NZ$ 64.99
Our Price:
NZ$ 55.24
Hardback
h216 x 146mm - 240pg
27 Aug 2020 US
International import eta 10-30 days
9781119699125
Out Of Stock
Currently no stock in-store, stock is sourced to your order
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.
RAYMOND YEUNG graduated with a PhD in Economics from Queen' s University in Canada and is a holder of the Financial Risk Manager (FRM) certification. He began his economist career one week prior to the Asian Financial Crisis in 1997. He is currently Chief Economist Greater China at Australia and New Zealand Banking Group Limited (ANZ), leading an award-winning team covering the region' s macroeconomic and financial market research. His insights have received strong following, including institutional investors, corporate treasurers, and central banks. He speaks frequently in industry conferences and shares his views on Bloomberg, Financial Times, CNBC, Di Yi Cai Jin, and Caixin. Prior to joining ANZ, Raymond was Deputy Head of Economic Research Asia at Swiss Re. He is a Council member of China Chief Economist Forum and a columnist in the Chinese media.

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