Raymond W. Yeung Bücher

Explore the transformative impact of blockchain on the trade dynamics between the world's two largest economies. This insightful work delves into how digital currencies influence global trade, particularly the relationship between China and the United States. Author Raymond Yeung presents a compelling argument that cryptocurrencies will play a crucial role in navigating geopolitical power struggles. The analysis is backed by solid data, extensive literature, and sharp observations, addressing key issues essential for understanding the future of Sino-US trade. Key topics include the risks of de-dollarization amid de-globalization, the urgent need for a new currency standard to address global imbalances, and China's strategy of diversifying its offshore portfolios with alternative investments. The book also examines the implications of Facebook's blockchain-based digital currency and highlights how blockchain provides a fungible asset class for China's reserves, independent of political influences. This work is an invaluable resource for business leaders, investors, financial analysts, policymakers, economists, fintech developers, and anyone invested in the evolving trade disputes between the United States and China.