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In this webinar, Dr. Marina Yue Zhang explores the transformative impact of mobile payment platforms like Alipay and WeChat Pay in China, which have integrated online and offline life for millions. It also delves into China's Central Bank Digital Currency (CBDC), e-CNY, which is a state-backed digital currency designed to function alongside or replace cash. The e-CNY has significant implications for national sovereignty, economic policy, and global trade. China's strategic push for digital finance aims to reshape the global financial order and establish the country as a leader in CBDC technology, influencing future global economic governance.
