(Photo: Shawn Koh—Fortune)

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It is evening in Guangzhou, China, and the neon lights of this glimmering megalopolis are just starting to flicker. For the third consecutive year, Fortune is hosting its Global Tech Forum, and the first day was packed with a blast of data and opinions centered on the key question preoccupying attendees: What is the future of U.S.-China relations? Some key moments:

  • Blockchain and cryptocurrencies are all the rage this year, partly because there is now an agreement among China watchers that the People’s Bank of China will issue a digital currency to pre-empt any fledgling move by Facebook to launch its ambitious-if-hobbled Libra project. What I learned is that while a so-called “digitized RMB” (the shorthand for China’s currency) is highly probable, it will check few of the boxes of libertarian crypto dreamers who love bitcoin. Instead, it…

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Source: https://fortune.com/2019/11/07/china-digital-currency-bitcoin-5g/