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China taking on US dollar, forging ahead in digital payment

China taking on U.S. dollar, forging ahead in digital payment:The Asahi Shimbun

While China has made major strides in catching up with the United States in terms of economic power, it still lags far behind in finance. In various ways, the dollar still reigns supreme over the yuan. However, that is not stopping China from carving out new sectors of influence in digital technology and artificial intelligence.