Episode 21: What does 2024 hold for fintech in China?
Update: 2024-01-30
Description
2024 is shaping up as the Year of the e-CNY, but can China be trusted with a global reserve CBDC? Our last guest Richard Holden says no. Cashless author Richard Turrin offers a full-throated reply, saying the rise of the digital Yuan is a lack of trust in the US dollar and how the US uses its power.
We also discuss how formalised data markets will change how fintechs obtain and use data, and how 2024 will be the year when Chinese fintech products and services will continue their slow global expansion.
Produced by Rachel Williamson and Charis Palmer, with sound engineering by Kevin Hirshorn. Music credits to Raz Burg and BalloonPlanet.
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