The digital Yuan will only lend a minor boost to internationalization of the currency — Maximilian Kärnfelt

In the second of a two-part series, Maximilian Kärnfelt argues that China’s digital currency will further its goal of internationalizing the yuan. But there won’t be a snowball effect. Read part I of our series here.

Steering a course of gradual opening up to improve stability while progressing steadily. 

China has long used the "helmsman" analogy of governance. Mao was called the "Great Helmsman," and Deng "the little helmsman." 

Merics
The digital Yuan will only lend a minor boost to internationalization of the currency
Maximilian Kärnfelt