How Will China’s Cryptocurrency Impact Digital Currencies and Global Reserves?

Abstract

This short case covers China’s upcoming national cryptocurrency, reported to be “close” to release by the People’s Bank of China. Students will consider China’s state-backed cryptocurrency in the context of global currency reserves, decentralized blockchain cryptocurrencies, and what impact this may have on them and on other cashless economies.

This case was prepared for inclusion in Sage Business Cases primarily as a basis for classroom discussion or self-study, and is not meant to illustrate either effective or ineffective management styles. Nothing herein shall be deemed to be an endorsement of any kind. This case is for scholarly, educational, or personal use only within your university, and cannot be forwarded outside the university or used for other commercial purposes.

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