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CNBC: China’s authorities need to find ‘more creative ways’ to get more digital yuan users, says professor


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February 3, 2022 

Winston Ma of the New York University School of Law and Senior Fellow at the Bush China Foundation discusses China’s efforts to get more people to use the digital currency and what its central bank’s “ultimate plan” is for it. This interview aired on CNBC’s “Street Signs” program.

Mr. Ma spoke about the usage and circulation of digital yuan, saying Chinese authorities need to encourage the introduction of digital currency into new markets.

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Winston Ma is a senior fellow with the George H. W. Bush Foundation for U.S.-China Relations. The views expressed in this interview are solely those of the author and do not necessarily reflect the views of the George H. W. Bush Foundation for U.S. China Relations.