China’s Trump Card Cryptocurrency And Its Game Changing Role In Sino US Trade 1st Edition by Raymond Yeung 1119699156 9781119699156

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ISBN-10 :  1119699156

ISBN-13 :  9781119699156

Author: Raymond Yeung

The global political climate is dynamic, at times even volatile. To understand this evolving landscape, it’s important to learn more about how countries are governed. Political Science For Dummies explores the questions that political scientists examine, such as how our leaders make decisions, who shapes political policy, and why countries go to war. The book is the perfect course supplement for students taking college-level, introductory political science courses. Political Science For Dummies is a guide that makes political science concepts easier to grasp.

China’s Trump Card: Cryptocurrency And Its Game-Changing Role In Sino-US Trade 1st Table of contents:

Chapter 1: An Unconventional Trade Feud
1.1 Thanos and Trump
1.2 What Causes the Trade War?
1.3 The Novelty of This Trade War
1.4 Economic Impacts and Consequences
1.5 Trade War and Deglobalization
Annex A: China’s Belt and Road Initiative
Annex B: Official Statements from the US and China
Annex C: Major Timeline of the Trade War
Notes
Chapter 2: Trade Imbalances and the Greenback
2.1 The Missing Link between Trade and Currency
2.2 Stubbornly Persistent US Trade Deficits
2.3 Is the Exchange Rate to Blame?
2.4 Exorbitant Privilege of the Dollar
2.5 Dollar Recycling and the Global Saving Glut
Notes
Chapter 3: Deglobalization Prompts De-Dollarization
3.1 Anti-Multilateralism and Anti-Sovereign Movement
3.2 The Globalization Cycle
3.3 Currency Globalization
3.4 Financial Deglobalization
3.5 End of Cycle: De-Dollarization
Notes
Chapter 4: China–US Financial Decoupling
4.1 Trade War and the Yuan
4.2 The Yuan in the Monetary Policy Context
4.3 Globalizing the RMB in the Deglobalizing World
4.4 Reserve Diversification10
Notes
Chapter 5: A Race on the Digital Turf
5.1 Reform and Technology Independence
5.2 China’s Structural Challenges
5.3 China’s Digital Economy
5.4 The Tech Rush and the Little Chips
Notes
Chapter 6: Cryptocurrency and the People’s Money
6.1 Deglobalization in the Digital Time
6.2 Bitcoin and Distributed Ledgers
6.3 Can Cryptocurrency Replace Money?
6.4 Regulatory Responses
6.5 Implication on Monetary Policy
Notes
Chapter 7: Foreign Reserves Go Digital
7.1 From Zhou to Carney
7.2 Reserve Currency Based on Liquidity
7.3 The Potential Role of Cryptocurrency in Global Reserving
7.4 Implication of the Libra Project
Notes
Chapter 8: The Endgame
8.1 The Trade War as the Perfect Shock
8.2 Libra or RMB, Which Is the Designated One?
8.3 What Can China Do?

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