A digital yuan?

<div>This episode is part of the ZhōngHuá Mundus series of The Sound of Economics.<br> <br> </div> <div>ZhōngHuá Mundus is a newsletter by Bruegel, bringing you monthly analysis of China in the world, as seen from Europe. <a href="https://bruegel.secure.force.com/events/UpdateAcc?sf=1&amp;s4=1">Sign up now</a> to receive it in your mailbox!</div> <div> <br> A digital currency has been a heated discussion among central banks around the globe, and China is no exception. Where does Renminbi stand in the debate, what's next and what would be the implications of a digital yuan? Professor <a href="https://www.bruegel.org/author/zhu-min/">ZHU Min</a>, Chair of the National Institute of Financial Research at Tsinghua University and former Deputy Managing Director of the International Monetary Fund, shares his insight with Bruegel Director <a href="https://www.bruegel.org/author/guntram-b-wolff/">Guntram Wolff</a> and Senior Fellow <a href="https://www.bruegel.org/author/alicia-garcia-herrero/">Alicia García-Herrero</a>.<br> <br> </div> <div><em>Relevant event:</em></div> <div> <a href="https://www.bruegel.org/events/disruption-or-transformation-the-cost-of-a-digital-euro-for-the-financial-system/">Disruption or transformation: the impact of a digital euro on the financial system</a> with Guntram Wolff and Fabio Panetta</div>