Keyu Jin Discusses China’s Evolving Trade War Strategy with U.S.
China's digital yuan strategy represents a comprehensive challenge to US financial hegemony, leveraging advanced fintech platforms like WeChat and cross-border payment systems like mBridge to create alternative monetary infrastructure. Through Belt and Road Initiative integration and partnerships with countries seeking dollar alternatives, China is systematically building parallel financial networks that could undermine SWIFT and dollar dominance. This technological-geopolitical fusion threatens to fragment global payments, reshape international monetary systems, and establish a multipolar digital financial order centered on Chinese-controlled platforms and yuan-denominated transactions.